Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Hi everyone,
Does anyone have the latest guidelines on how to lease a car to employees
(as per Indian laws). I surfed a lot however did not find the sufficient details.
I would also like to know the pros and cons of leasing cars to employees from company point of view.
Can anyone help me drafting a policy for my company ?
Thanks a lot .
NBhansal

From India, Nagpur
Hi, I am newly Joined one company. I am only doing ESIC. But i don’t about aware of ESIC. So I didn’t Guide my Employees. Please guide me. Regards J. Suresh
From India, Bangalore
Dear laxmansingh presuming that your gross monthly salary is 15000/-, pls find enclosed a salary structure with tax computations.
From India, Gurgaon

Attached Files
File Type: pdf PS.pdf (196.2 KB, 47 views)

Dear Mr. Rajiv
The Employer PF will be shown on CTC and not on Gross Salary. You may like to correct the same. Further the short forms Like MR, etc., may be given full expanded version, so that everyone can understand.

From India, Kumbakonam
Dear Mr. Bhaskar
Thanks for the inputs..
You are right that Employer cont to PF is never shown as part of Gross salary although it is part of CTC.
I will correct that.
Yes, the abbreviations should have been avoided for better understanding.
appreciate your feedback.
Rajiv

From India, Gurgaon
Hi to all Hope you are all doing great! I Need a file of Standard Deduction of F.Y 2012-13 (i.e, 80c, 80ccc, 80g etc.,) Please send file ASAP Thanks & Regards
From India, Hyderabad
TDS means Income Tax deducted at source. So fundamentally, it is nothing but Income Tax only.
The difference necessary for understanding is that through TDS provisions, Government has ensured early recovery of Income Tax as it is deducted by employer while making salary payment and deposited with the government treasury.
Employee while filing I T R claims the TDS to be setoff against his/her Income Tax Liability.
Rajiv

From India, Gurgaon

This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™