
Minimize Tax on even Higher Incomes
Through Intelligent Pay Packet Planning!
Are you aware that as a salaried taxpayer you can conveniently structure your annual pay package of up to Rs.4,50,000 on a Zero Tax Basis? (more…)
IS YOUR PAY PACKAGE
REALLY TAX FRIENDLY?
Enjoy Zero Tax on Rs.4.20 lakhs to just 7.77% on Rs.13.5 lakhs
By Smart Planning of your Annual Pay Package & Deductions!
The Income-tax Act provides for a number of allowances and perquisites which have been notified as tax free and every salaried taxpayer must endeavour to negotiate his pay package in a manner that the same can include such tax free allowances and perquisites. This would ensure that he is able to take maximum take-home pay per month with the minimum deduction of tax.
Perquisite Rules Mere ‘Old Wine In New Bottle’
Salaried Get No Relief From Anomalies & Inequities
With virtually no reprieve from the tax burden on their pay packages and continuing anomalies and inequities, the new rules for valuation of perquisites announced by the Central Board of Direct Taxes (CBDT) on December 18, 2008 have hugely disappointed millions of salaried employees. (more…)
Conveyance, Telephone, Entertainment & Medical Reimbursements Get Increasing Attention After FBT Abolition!
The notorious Fringe Benefit Tax (FBT) having been abolished with effect from 1st April, 2009, employers have started taking a fresh look at restructuring the pay packets of their employees to make them more tax friendly. (more…)