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FESTIVE CHEER FOR EMPLOYEES!

Any gift within the value of Rs.5,000 by an employer on a ceremonial occasion is tax exempt for his employees! The noted Sufi writer Idries Shah once remarked, “If you give what can be taken, you are not really giving.” If you as an employer are trying to think of giving something to your employees during the coming festive season, out of which even the Taxman cannot take anything, here is a smart idea! Rule...

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