I'm joining a remote company, and they usually send employees amazon gift cards so that they can buy laptops.
In the case of India, since the max gift card amount is 10k rupees, it is a little inconvenient. Hence, they're sending me the money to buy it myself, but I'm worried if this amount will be considered taxable.
Depends on how the company treats this. If its a reimbursement, you can show itnas a deductible, if a perquisite,then taxable
Usually when company has a buy your own device, they also include the GST.
Iâm not talking about companies like Meta, Google or companies that have their branch offices in India. Even Turing has registered India entity to pay employee salaries.
For example, take Miro. They have offices in Amsterdam but they do...
My understanding of tax is as good as that of a middle schooler. The question is obvious, for someone who can't levy HRA, LTA or anything else, how do I pay less taxes?
All I can levy, I think is tax free investments up to 1.5lac.
Are there any tax benifits/ loss while working for a remote company while staying in India?
I'm told that the pay would be a bank - wire transfer every month or it could be a payoneer.
Are there any specific questions should i ask to g...
Sorry for the long post :(
I'm a 2021 graduate from a tier 3 college. I was working at a small startup based in Bengaluru that is into SAAS. The headcount is less than 20 and a completely remote job.
I don't have any notice period. I w...
