Tax on Joining Bonus
I recently received a 1L joining bonus for relocation. May I know if this is a taxable income?
My company didn't peform a TDS and provided me the entire 1L. Do I have to pay tax while filing returns?
What is the tax rate on joining bonus?
Tax is calculated on your annual income. Will be deducted on whatever bracket you fall into
I recently received a 1L joining bonus for relocation. May I know if this is a taxable income?
My company didn't peform a TDS and provided me the entire 1L. Do I have to pay tax while filing returns?
Hi folks, can anyone please shed some light on joining bonus. Whats the benefits of joining bonus? Is it really beneficial? Or companies just using it to play with our minds? Any comment will be helpful. Thanks
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