Received a Diwali bonus or voucher from your employer? Know the tax exemption limit and rules for salaried employees
Mint · Kirti Jha ·
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.