Tag: Karnala
Six weekend trips with your fuel tax savings of Rs 12,000!
Paying taxes is inevitable. Perhaps, it’s the only certainty of your work life. So, while you work hard to pay multiple taxes — how about you have a little fun on the way? Here’s introducing fuel allowance — a tax-saving employee benefit that’ll help you save up to Rs 12,000 in taxes annually. Your employer is likely to offer this benefit as part of the salary structure. It covers fuel claims, vehicle maintenance, and a driver’s salary too. According to the Income Tax guidelines, it’s a called the motor car allowance or perquisite; and it can be offered to all ... Read more