It's fine. 
  
 Loophole like living in mom's home and saving hra taxes. 
  
 U can also avail same under car plan, major MNCs provide that

Senior Consultant

A lot of my friends have opted for FBP benefits and they product bills for Car lease, driver’s salary, vehicle maintenance, etc which are not genuine.  How safe it is? Request some insights here pl...

Welcome to Personal Finance's Private Community

A lot of my friends have opted for FBP benefits and they product bills for Car lease, driver’s salary, vehicle maintenance, etc which are not genuine. 
How safe it is? Request some insights here please. Because this FBP seems to help employees save significant taxes.

Flexi Benefit Plans or reimbursements

Product Manager

Flexi Benefit Plans or reimbursements- Grapevine

What is meant by “flexible reimbursement “ as part of the salary structure?

Offer terminologies

Consultant

How do you claim for driver's salary in FBP? since PAN is not required to be given, only DL.. can one claim for it by paying to their close relatives or friends? 

any experiences

FBP components

Program Manager

Welcome to Office Gossip's Private Community

Sometimes our company exaggerates basic perks, Are any such good perks applicable in your current company? 

Razorpay: MacBook For Evryone 
Meesho: Work from Anywhere 

Also, Pet sick leave etc

Perks that makes sense

Most of the times we don't know the benefits that can be utilized. For example, we can get reimbursement for broadband bills, course fees, fuel claims etc.

What are the benefits that you are taking advantage of from your company that you think others should also make use of? Also it differs from company to company, but at large what useful things can be reimbursed or claimed?

Company benefits we all can benefit from

Data Scientist

Welcome to IT Company Discussion's Private Community

How can I get a car on lease from my Employer? A lot of people have told me that I have to pay less if I leave through my employer. Also, can I get tax benefits if I get a car from my employer?

HCL car lease policy

Application Engineer

Hello All, Does Anybody have ideas about the below thing

My company gives fuel reimbursement and if I make alteration to the registered name on my friend's RC duplicate copy for the purpose of tax savings, could there be any potential issues?

Any suggestions are most welcome

Thank you

TAX Saving | Fuel Reimbursement

Analyst

This really hit to core

We pay first world level taxes for a third world social security with 0 benefits.

Founder

Hi all,

My organisation does reimbursement of the following upto around 15-20k. 
Can you suggest some good things that I can get benefit of under this.


- In-person or online courses or workshops
- Conferences
- Books
- Journal or magazine subscriptions
- Personal coaching
- Degree programs
- Professional certifications
- Professional memberships



Its like "use it or loose it".

Reimbursement

In our salary we have a flexi pay component which is credited back once we submit bills for the same amount. I’ve seen people create fake bills and claim the amount. What is the scene in your company?

Fake bills for flexi pay

Software Engineer

Welcome to Indian Startups's Private Community

Have you ever received any perks or benefits from your company’s clients? For instance, from a tool that your company uses, like freshworks or hubspot. 

By benefits, I don’t mean company employees insurance, upskilling, therapy, etc. i am curious if anyone offers employee-focused benefits via client-company relationships? What would it entail? Do we even want it? 👀

Benefits for employees? 👀

Content Marketing Manager

Does anyone of you receive Gym/Fitness reimbursements? If so, how is the tax calculated for that.

Gym/Fitness Reimbursements

Data engineer

I have always been very intrigued about managing my own finances, never hired a CA till now. 

But every year when the tax return filing time comes I run into the same thought - Am I paying too much taxes, is there a way to plan it better?

wanted to get some information on how are you guys managing your taxes. 

- Do you guys have a dedicated CA? does hiring a CA helps? 

- How do you plan your finances? investing/Saving/restructuring to avoid paying the maximum taxes? 

- Some people setup a side business to set off some recurring losses/expenses to some extent. Does that work in long term? 

- In terms of wealth generation, what is your strategy? How much you are able to invest? What assets are good in your POV?

P.S. - Before someone comes up with you need to pay taxes so India can grow. I understand your POV but IMO, I am not able to get the benefits/infra in return, but I with all my heart believe in India’s growth story.

People with 50L+ taxable income, how much taxes are you paying? is there a way to reduce that?

Staff Engineer

The post intends to accrue all the interesting perks employees receive under one roof

Does your company have a car lease policy? Are there any other cool perks that your company offers that are different from usual?

Growth Manager

Welcome to Software Engineers's Private Community

Those who are earning more than 50lpa base how much tax do you end up paying? 😶‍🌫️

Tax on 50lpa+

Are they competing with mParivahan? You can upload your DL, RC, PUC. Pay challans

Saw on the website that you can buy insurance from it or even do claims, I guess they want to tap into motor insurance market.

Saw Road side assistance too, curious to see how this turns out to be.

Flexi Benefit Plans or reimbursements

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