
Gift Below Rs.5,000 On Ceremonial Occasion
Treated As Tax Free Perk Under I.T. Rules
“If you give what can be taken, you are not really giving,” quoted the noted Sufi author Idries. Trying to think of giving something to your employees during the coming festive season, out of which even the Taxman cannot take anything? Here is a smart idea!
TDS Rates Rationalized
No Messy Computation Of Cess & Surcharge
October 1, 2009, has also brought some welcome provisions of rationalization of TDS rates and reducing multiple classifications (see Box). (more…)