Tax on perks to be effective from April 2009
As usual salaried employees will bear the brunt and corporates and Business houses can manipulate books and get away.We may see voucher payments spree in IT.
Tag perks
Changes in Executive Compensation practices-Mandatory
It stands to reason to link short term and long term performances linked to compensation with the compensation offered being more for long term, say in the ratio of 70:30(long term:short term) with a time span of three years.....
Also executive perks , especially travel and food should be as can be applicable for a common man,without justifying opulence and high livi
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