Supreme Court has ruled that the interest-free or concessional loans given by banks to employees are taxable fringe benefits.

In a new clinical guideline issued by the American College of Cardiology and the American Heart Association and published ...

The Supreme Court has ruled that interest-free or concessional loans given by banks to their employees will be considered ...

Bank employees face a setback as a court decision upholds income tax regulations on their benefits. The ruling, which has ...

According to income tax regulations, interest-free or concessional loan benefits offered by banks to their employees are taxable as “fringe benefits” or “amenities” if the interest rate charged by the ...

"By fixing a single clear benchmark for computation of the perquisite or fringe benefit, the rule prevents ascertainment of ...

New Delhi: The Supreme Court has said the benefit enjoyed by bank employees from loans free from interest or at a ...

The Supreme Court has ruled that the interest-free or concessional loans extended by banks to their employees are “fringe ...

Four years ago, the Trump administration's cooperation with Biden’s team was inconsistent at best. Can the two camps set ...

In summary, the Supreme Court’s decision upholding the taxation of interest-free/concessional loans to bank employees reaffirms the legality of Rule 3 (7) (i) under the Income Tax Rules. The judgment ...

Study identified that several specific bacterial species were significantly associated with colorectal cancer, challenging ...

Arizona on Wednesday indicted Rudolph W. Giuliani, Mark Meadows and a number of others who advised Donald J. Trump during the ...