narens Posted July 3, 2021 Share Posted July 3, 2021 Evarikaina company Car leasing policy meeda idea vunte postandi india lo…its having tax advantage.. Link to comment Share on other sites More sharing options...
kanagalakiran Posted July 3, 2021 Share Posted July 3, 2021 When I was in Deloitte I heard from colleague who availed this benefit said after gst this scheme is not good but based on my analysis small cars it’s beneficial than 10L+ cars eee scheme differs from company to company....konni companies lo better ga vuntundi ie if u can claim full drivers salary for income tax then benefit will be more Link to comment Share on other sites More sharing options...
paruchuriphani Posted July 3, 2021 Share Posted July 3, 2021 4 hours ago, narens said: Evarikaina company Car leasing policy meeda idea vunte postandi india lo…its having tax advantage.. Bro.....Tax advantage ela vastundi Link to comment Share on other sites More sharing options...
uravis Posted July 3, 2021 Share Posted July 3, 2021 It varies from company to company . I think it's not tax benefit, we save interest . Not completely sure. Also some companies gives for all employees and some only for managers and above Link to comment Share on other sites More sharing options...
narens Posted July 3, 2021 Author Share Posted July 3, 2021 49 minutes ago, paruchuriphani said: Bro.....Tax advantage ela vastundi Tax benifit vundi..they deduct the amount we pay for car leasing monthly EMi from salary …car will be on employers name..Maintanence and everything will take care by leasing company..once EMI is completed ..u can choose another car or buy the same car by paying car value at the time.. Link to comment Share on other sites More sharing options...
narens Posted July 3, 2021 Author Share Posted July 3, 2021 7 minutes ago, uravis said: It varies from company to company . I think it's not tax benefit, we save interest . Not completely sure. Also some companies gives for all employees and some only for managers and above For some higher grade employees Link to comment Share on other sites More sharing options...
BalayyaTarak Posted July 3, 2021 Share Posted July 3, 2021 tax benefit , emi ga companyki pay chesedi before tax teesesukuntadu so aa amount non-taxable Link to comment Share on other sites More sharing options...
Naren_EGDT Posted July 3, 2021 Share Posted July 3, 2021 Seen this in my offer letter .. tax benifits vundi .. driver salary can be deducted from taxable.income. fuel charges can be claimed .. Higher bands ki eligibility untadi general ga. Link to comment Share on other sites More sharing options...
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