It is always a challenge to rework a logo, especially when the service or the business it represents is doing well for itself and, in fact, holds a leading position in the market. Such logo changes are often reviewed purely from the aesthetic point of view and are seen more as aesthetic adjustments to align with the contemporary visual trend, until of course there is something … [Read more...] about Refreshing new logo!
For employees, company car lease is more tax efficient than owning a car
Salaried employees often ask us about the tax liability of owning a car and using it for both personal and official purpose. Here is a detailed analysis of tax benefits of leasing a car from your company vs. owning a car. In case the car is owned by employee and the expenses are reimbursed by the employer the perquisite value will be computed. The tax liability on perquisite … [Read more...] about For employees, company car lease is more tax efficient than owning a car
Budget 2015: What’s in store for you?
As rightly predicted by us weeks ago, the budget has been in tune with the Modi government’s agenda of attacking black money, with no change in tax slabs. In brief, Budget 2015 has made PAN mandatory for transactions above Rs. 1 lakh and increased deduction for medical, transport and pension. Actually, there was not much room for change in tax exemptions, hence they remain … [Read more...] about Budget 2015: What’s in store for you?
How to Make Your Salary Package Tax-efficient
View quick summary Make your salary package tax-efficient by planning your income tax well. For income tax planning, you can structure your pay package so that it includes various tax-free payments rather than getting it all as basic salary. Some of the common payments are: House rent allowance (HRA) Transport allowance Reimbursement of medical expense, hotel bills, … [Read more...] about How to Make Your Salary Package Tax-efficient
Tax To-Do list: Align you tax saving investments to your financial goals
Each individual has a different financial situation, hence following the herd may not be the best for your financial goals. Most of the tax payers invest in a hurry to save tax under section 80C, that too less than the maximum limit. This leads to higher tax payments, lower returns, liquidity crunch and unwanted cash outflow. For example, a 30 year old salaried individual … [Read more...] about Tax To-Do list: Align you tax saving investments to your financial goals
