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Understanding Taxable Benefits In A Quick and Easy Way

Vantage Circle

Paid vacation. Group life insurance premiums provided to employees over $50,000. Employee discounts. Employee stock options. But, to minimize confusion at tax time, be sure to notify your employees about their taxable benefits ahead of time. Which Benefits Are Considered Taxable?

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

The contributions made towards the pf are eligible for tax deduction under section 80c of the income tax act, 1961. Employee provident fund (EPF) Employee provident fund is a type of provident fund that is solely contributed by the employee. In addition, an additional tax deduction of up to rs.