Archive | Form 16

Why TDS has been deducted on my EPF?

Without doubt EPF continues to be the most loved product for the salaried. Both the employee and employer contribute to the EPF kitty; and we stand in hope of it coming to our rescue at difficult times. But when TDS is deducted on EPF balance, it comes as a harsh blow. Let’s understand the reasons […]

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Sign on bonus refunded to employer cannot be reduced from taxable salary: case law

While salary returns are one of the easiest to prepare and file; the topic of sign on bonus and its refund to previous employer, has been a grey area for most taxpayers. Some common questions that get asked are- Should sign on bonus form part of my taxable salary if I have already returned it […]

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Getting ESOPS as salary package? Know the tax treatment

Start-ups jobs are fairly common in India and have given ESOPs immense popularity. Several large American organisations with employees in India also offer ESOPs. Let’s understand how ESOPs are taxed. Before we begin to understand taxation of ESOPs, here are some key terms ESOP – or Employee Stock Option Plan allows an employee to own […]

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