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Understanding Taxable Benefits In A Quick and Easy Way

Vantage Circle

It's no secret that employee benefits are an excellent employee retention strategy. In fact, 51% of employers said that the use of benefits as a retention tool would become even more important in the next 3 to 5 years. Paid vacation. Group life insurance premiums provided to employees over $50,000.

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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.