NEW YORK (AP) -- With the arrival of new federal rules requiring greater pay disclosure, more companies are eliminating executive perquisites, from country club fees to Book of the Month Club ...

Sepp talked about special privileges and perquisites for current members of Congress and possible changes in light of the recent passage of lobbying and ethics reform legislation. He responded to ...

The recent clarifications of CBDT are in response to certain representations made by the taxpayers. TDS (Tax Deducted at Source) on Perquisites paid by the employer for AY 2020-21: Employers ...

Do you live in an apartment provided by your company? Watch out! These privileges or perquisites (popularly known as “perks”) may be taxable in your hands. Perks are benefits or privileges ...

Some instances of perquisites exempt from tax are given below: Provision of medical facilities (Provision to Sec. 17(2)): Value of medical treatment in any hospital maintained by the Government or ...

The Central Board of Revenue (CBR) has started an exercise to simplify the income tax procedure for calculation of perquisites and allowances available to employees working in government and ...