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Received Cash, Car or Gold as Diwali Bonus From Your Employer? Check Income Tax Implications
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Most of the companies offer Diwali Bonus to their employees. The Bonus is generally provided in cash.
Some companies also provide Diwali Bonus in kind. While it is the employee’s prerogative to decide on how to spend or use the Diwali Bonus, it is important to be aware of the income tax rules that apply to the bonus provided by the employer.
Read more on financialexpress.comAbout this in other media
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