View: Few suggestions for finance minister on how to tax the new normal

View: Few suggestions for finance minister on how to tax the new normal

Let’s begin with the stark reality of work from home (WFH). Currently, computers and laptops provided by employers for use by an employee do not give rise to any taxable perquisite. On the other hand, provision of any other asset, say, a swivel chair, would be taxed as a perquisite in the hands of the employee, at the rate of 10% of the original cost of the asset as reduced by any charges recovered from the employee.

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