Dear Friends,
In my organization, we are planning to introduce a new salary component called Fuel & Maintenance reimbursement. With this initiative, we aim to provide a fixed amount to high-earning employees to mitigate significant tax implications. I kindly request your assistance in formulating a policy for the reimbursement of Fuel & Maintenance expenses.
Regards, Kumar
From India, Madras
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1In my organization, we are planning to introduce a new salary component called Fuel & Maintenance reimbursement. With this initiative, we aim to provide a fixed amount to high-earning employees to mitigate significant tax implications. I kindly request your assistance in formulating a policy for the reimbursement of Fuel & Maintenance expenses.
Regards, Kumar
From India, Madras
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Dear Kumar,
It is possible. Please seek help from KPMG or Ernst & Young in India. Also, refer to the following links:
- https://www.citehr.com/336090-latest...-salaried.html
- New perquisite valuation rules to hit employees with company cars
Regards
From India, Mumbai
Acknowledge(0)Amend(0)
It is possible. Please seek help from KPMG or Ernst & Young in India. Also, refer to the following links:
- https://www.citehr.com/336090-latest...-salaried.html
- New perquisite valuation rules to hit employees with company cars
Regards
From India, Mumbai
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Tax Policy Note.doc