ISBN 9788170949534,How to Save Tax on Your Salary and Perquisites: AY 2016-17

How to Save Tax on Your Salary and Perquisites: AY 2016-17



Vision Books

Publication Year 2015

ISBN 9788170949534

ISBN-10 817094953X


Edition 22nd
Number of Pages 144 Pages
Language (English)


Over 100 practical tax-saving options for salary earners. Organised in a unique A to Z format for instant reference

Your take-home pay depends both on your gross salary and how your pay package is planned.

You can easily reduce your taxes and raise your take-home pay if you know which perk is taxable and which is not. For instance, which is more advantageous -- a medical allowance, a medicare policy or medical reimbursement? In how many ways can you reduce tax on house rent or accommodation allowance? And so on.

Here is the complete salary and perquisite planner for both employers and employees by India's leading taxation experts. R. N. Lakhotia & Subhash show how every salaried taxpayer can substantially increase one's take-home pay through proper tax planning of salary and perks -- without any additional burden on the employer.

Do you know that the following perks are tax-free?

Daily allowance
Attendant provided by an employer to help you perform official duties
Expenses for maintaining personal office at residence
Medical treatment in India and abroad
Conveyance allowance
Uniform allowance.
(These are just a few of the tax-saving perquisites covered in this book.)

About the Author :-
Ram Niwas Lakhotia is a well-known authority on taxation in the country. He is a regular writer and editor of numerous bestselling books, which have seen over 500 editions so far. He also writes regularly for leading newspapers. R.N. Lakhotia had a brilliant academic career. He stood First Class First in both the Degree and Post-Graduate Examinations in Commerce. He joined the Indian Revenue Service and stood first in the whole of India in the I.T.Os. Examination.

As the founder Chairman of Rajasthani Academy, New Delhi he is active in social service and cultural activities. Every year he awards "Lakhotia Puraskar" of Rs. 1 lakh, declared by the Central Government as a National Award for the best writer in Rajasthani language. He is past District Governor of Lions Clubs International. As the President of Vegetarian Congress of Delhi he is spreading Vegetarianism for Health and Happiness. He is Trustee of several Charitable Trusts. He has addressed over 5,000 seminars & lecture meetings in India and abroad. He conducted the very popular "Tax Doctor" show on Zee Business.

Subhash Lakhotia is one of India's top tax and investment consultant. Director of R. N. Lakhotia & Associates LLP and Director of Lakhotia College of Taxation & Management, he regularly writes in various national dailies. He conducts the popular course known as "Zero to Hero in Direct Taxes."

Mr. Subhash Lakhotia conducts the popular TV show "Tax Guru" on CNBC Awaaz channel which has completed more than 500 episodes and was awarded the National Television Award, 2010 for the "Best Business Talk Show of the Year."

Subhash Lakhotia was selected as the best youth of India by the Lions International to represent India at the World Youth Congress held at Atlantic City, USA in 1970. He is Secretary General of Investors Club and President of Spiritual Clubs International and Unite to Invest (UTI). He is Chief Strategist of Real Estate Strategy Group and is actively associated with various professsional bodies connected with real estate. He has written books on income-tax, investment and real estate and spirituality. He is actively associated with Lions Clubs International. He has been awarded the "Sahityashree" award and "The Suryadatta National Award, 2010". In the year 2014 Subhash Lakhotia was awarded the "Ambassador of Goodwill" award by The International Association of Lions Clubs, USA. He has instituted "Subhash Lakhotia Shrawan Kumar Puraskar" and "Subhash Lakhotia Sewa Puraskar" each of Rs. 1 lakh per annum.