Received Diwali Bonus via cash, gift card, e-voucher, prepaid cards? Know how much income tax you will have to pay

Multiple corporate and some government employees would have received their Diwali bonus. Further it is not always necessary to receive Diwali bonus in cash. There are multiple other avenues to receive Diwali bonus like e-voucher, gift card and pre-paid gift cards issued by banks. Know the income tax implications of receiving Diwali bonus through each of the instruments.

from Tax-Wealth-Economic Times https://ift.tt/52H7rPt