From Livemint
Center-Right Owned by HT Media Ltd.Received a Diwali bonus or voucher from your employer? Know the tax exemption limit and rules for salaried employees
What's behind this
A Surat businessman distributed cash Diwali bonuses of more than ₹1 lakh to each of his staff. One report says he handed bundles of notes ranging from ₹10 to ₹500 to 50 employees, while another notes that he gave over ₹1 lakh in cash to 20 women employees, describing them as like family and deserving a share of the business’s success. The gesture has been widely praised online.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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left · 1 outlet
Surat and Jaipur businessmen surprise employees with Rs 1 lakh Diwali bonus and iPhones, as videos of their festive gestures go viral on social media
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center · 1 outlet
Businessman Presents Cash In Silver Platters, Wins Social Media Praise
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right · 2 outlets
A businessman from Gujarat gifted bundles of banknotes, ranging from 10 to 500 rupee denominations, to his 50 employees. Here's why he did it to mark Diwali.
— Livemint
RSS excerpt
Diwali gifts from employers worth less than ₹15,000 in aggregate can be tax-free, but cash bonuses are taxable as salary. Here's how festive payouts affect your income tax, rebate eligibility and take-home pay under the new tax rules.
