Hello All, I am working with the HR and Finance teams in my company to come up with the FBP program for the employees. We do have an outdated FBP program but it is pretty useless now as it was created in 2005. Need your inputs on how the employees can show bills and save tax on
1. Petrol and vehicle maintenance,
2. Computers maintenance,
3. Driver's salary,
4. Broadband bills,
5. Telephone bills (both landline and mobile)
6. Medical bills
7. Anything else that I had missed ......?
Please provide your suggestions on what is the maximum benefit as per law on the above to reduce the tax outgo for our company employees.
We already have all provisions of tax savings under the sections 80C, 80D, etc.
From Germany, Augsburg