Got a Diwali gift from your employer? Check the tax rules
Summary
Employer gifts worth less than ₹15,000 may be tax-free, but bonuses are taxable from the first rupee. Here's how the rules work and when a bonus can increase your tax bill.
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Got a Diwali gift from your employer? Check the tax rules
Employer gifts worth less than ₹15,000 may be tax-free, but bonuses are taxable from the first rupee. Here's how the rules work and when a bonus can increase your tax bill.
