9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook PERK (redirected fromperquisite) Dictionary Thesaurus Legal Financial Encyclopedia Wikipedia AcronymDefinition PERKPublishing Ethics Resource Kit PERKPerquisite PERKPerchloroethylene(CAS Number 127-18-4) ...
Salary income refers to the income received by an individual from their employer in exchange for their services. It includes the basic salary, allowances (house rent allowance, travel allowance), bonuses, commissions, and perquisites. Some common perquisites include company-provided accommodation, car...
Will Tariffs Affect Investments? New tariffs on imported goods risk more uncertainty, but they aren't necessarily cause for panic. Wayne DugganSept. 30, 2024 7 Dividend Kings to Buy and Hold Forever These stocks have increased dividends consecutively for 50-plus years. ...
What is the opposite ofperquisites? Needantonyms for perquisites? Here's a list ofopposite wordsfrom ourthesaurusthat you can use instead. Contexts Opposite of advantages gained from something Opposite of compensation for a job, which is usually monetary ...
What is Net Income? What Is Gross Pay? Discussion Comments Byanon294746— On Oct 03, 2012 I have queries on tax perquisites for cars. I see the perquisite value is 2700/month for a 1600cc chauffeur driven car owned by the employee. In my company they said I have a pro rated eligibili...
Calculate your gross monthly income, as a sum of your basic income, allowances and perquisites. Calculate the available exemptions under Section 10 of the Income Tax Act, 1961. Exemptions are applicable on allowances such as medical, HRA, travel. Subtract the exemptions from your gross salary....
The value of a stock option is the difference between the stock’s current market price and its option price or the price at which an employee acquires the stock option. Esops are taxable as perquisites in the hands of the employees. The tax implication during the exercising of options is ...
Incentives and Performance-Based Pay:This type of compensation is tied to performance, motivating employees to work harder. It can include bonuses, gain-sharing, and commissions based on sales performance. Fringe Benefits/Perquisites:These encompass additional employee benefits such as medical care, insu...
–Claims (Tax free allowances to employees against bills. Include Book allowance, Telephone allowance, Driver allowance, Petrol allowance) –Perquisites (These are not paid to employees but included in their salary structures and taxable) Miscellaneous heads are not included in salary structures and ...
It is not uncommon for a large public company to pay less than a quarter or a third of compensation in the form of cash salary to top managers, with the rest in the form of equity. A battery of additional perquisites, such as country club memberships, financial advisory services, spending...