Company car perk gets costlier: Draft Income Tax Rules 2026 could add Rs 4,352 to your tax bill over car perks on Rs 15 lakh salary

Salaried employees face increased income tax under draft Income Tax Rules, 2026, due to changes in company car perk valuation. Those using company cars partly for personal use will see higher taxable perquisites, leading to an additional tax outgo. The new rules significantly revise the monetary value assigned to this benefit.

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