RSM India Publication: Salary Income - Tax Incidence and Optimisation 📈 With an estimated 8.6 crore tax-filers, salaried employees and managerial personnel form the largest segment, especially those in senior management who face a high #personaltax rate of up to 39%. Given this, it’s essential to navigate #tax incidence, available exemptions, deductions, and regime choices effectively, along with understanding the tax implications on ESOPs, expatriate benefits, treaty benefits, and more. In this publication, we’ve compiled an overview of key tax regulations under the #Incometax Act, 1961, specifically related to #income from salaries. The guide covers essential areas, including: ✅ Introduction to Indian Tax #Law ✅ Tax Rates and Computation ✅ Key Allowances and Reliefs ✅ Perquisites ✅ Deductions and Exemptions ✅ Expatriate Taxation – Working in India ✅ Employer Responsibilities, Penalties, and Prosecution ✅ The Black #Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 We hope you find the same helpful. Feel free to contact us in case of any queries... Happy Reading! #Taxes #Salary #Consultancy #Finance #Economy #RSMIndia
RSM India
Business Consulting and Services
Mumbai, Maharashtra 80,245 followers
Amongst India’s top accounting, tax & consulting groups, with pan India presence & a team of over 3,000 personnel.
About us
RSM India [www.rsmindia.in] consistently ranks among India's top 6 accounting, tax and consulting groups [International Accounting Bulletins from 2012 to 2022]. Our multi-disciplinary team comprises professionals such as Accountants, Engineers, MBAs, IT Systems, Cyber Security and Forensics professionals, Company Secretaries, and Law Graduates. Driven by entrepreneurial zeal, industry vertical focus, and an impeccable methodology, We combine passion, technical excellence and technological expertise to deliver contemporary solutions to clients.
- Website
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http://www.rsmindia.in
External link for RSM India
- Industry
- Business Consulting and Services
- Company size
- 1,001-5,000 employees
- Headquarters
- Mumbai, Maharashtra
- Type
- Privately Held
- Specialties
- Corporate Advisory & Structuring, Information Technology Systems Assurance & Consulting, GST advisory and compliance, Operations Consulting, Cyber Security, Financial Process Outsourcing, Business Consulting, Management Consulting, Company Law , Legal Consulting, International Tax, Transfer Pricing, Six Sigma , Risk Management , Business Advisory, Global , Accounting, and Taxation
Locations
Employees at RSM India
Updates
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🤝 Join our team! 🌟 We’re on the lookout for a motivated #BillingEngineer to help us drive excellence in our projects! Locations: Chhattisgarh, Karnataka, and Rajasthan If you're passionate about contributing to high-rise residential projects, and eager to make a difference, we would love to hear from you! 👉 Apply here: https://lnkd.in/d6RYxFf7 OR Mail us your resume at: hr10@rsmindia.in #Hiring #Careers #Consulting #CivilEngineering #Jobs #EngineeringJobs #India #RSMIndia
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💰 Diwali is just around the corner, and while receiving gifts is exciting, it's important to know if they are taxable... #PersonalFinance #Taxes #IncomeTax #India #RSMIndia
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This week is RSM's annual World Conference, which sees colleagues from across RSM's global organisation coming together in the vibrant country of Singapore, renowned for its unique blend of modernity and tradition, as well as its iconic attractions and culinary delights. 🌏 The opportunity for individuals to meet in person provides a chance to build lasting relationships, improve cross-border collaboration, and enhance camaraderie within RSM's Global Network. 🤝 Key topics on the agenda include: ● Harnessing technology in this ever-evolving digitalised world 💻 ● Elevating our global talent experience 🌟 ● Cultivating a culture of quality 🏅 ● Developing innovative growth strategies in a consistently shifting business landscape 📈 ● Seizing the exponential opportunities of ESG 🌱 #RSM #LifeAtRSM #ThePowerOfBeingUnderstood
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🌐 We're seeking a passionate and motivated Senior Manager / Manager for ITSA. Locations: Mumbai and Delhi-NCR This is an opportunity for you to contribute to exciting projects and grow your career. Ready to make an impact? Read more about the role / apply here: https://lnkd.in/dEippVNF OR Send us your resume at hr10@rsmindia.in #Hiring #Careers #InformationTechnology #Consulting #Assurance #RSMIndia
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"The real bottom line is that mental well-being is a fundamental part of a healthy and productive workplace." 🧠 This World Mental Health Day, we asked our specialists from across the globe what role leaders have in creating a culture that values employee mental health. With research suggesting that only 2 in 5 employees believing that their senior leadership models good mental health practices, there is certainly work to be done. 🌍 The importance of a mentally safe and healthy work environment cannot be understated. Discover more in this eye-opening article where experts share their insights on the importance of leadership in maintaining a mentally healthy work environment and how they can play their part in helping employees’ well-being and job satisfaction. 💚 Read the full article here: https://ow.ly/rhRP50THTwz #WMHD2024
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Supporting a colleague's #MentalHealth can make a world of difference. 🫶🏽 As #WorldMentalHealthDay approaches, we wish to highlight this insightful blog by Candice Eaton Gaul, that explores how we can encourage a compassionate environment at work. ✨ #Culture #WorkLifeBalance #India #RSM #RSMIndia
Do you know what to do if your colleague opens up about their mental health? Here is a short blog with a few tips on being prepared to support a colleague with their mental health. #RSM #worldmentalhealthday #WMHD #mentalhealth #wellbeing
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🌍 Amidst global challenges and a heightened focus on corporate responsibility, #ESG (#Environmental, #Social, and #Governance), non-financial reporting, and #sustainability have become integral. 🎙️ Listen to this podcast where RSM's global experts delve into how 2024 is shaping up as the Year of ESG, unpack the significance of non-financial reporting, and navigate the evolving landscape of sustainability. #Business #Finance #RSM #RSMIndia
To celebrate #InternationalPodcastDay, we thought we would share our latest Global Spotlight episode! 🎙️ Amidst global challenges and a heightened focus on corporate responsibility, #ESG (#Environmental, #Social, and #Governance), non-financial reporting, and #sustainability have become integral. 🌍 In this episode, RSM's global experts delve into how 2024 is shaping up as the Year of ESG, unpack the significance of non-financial reporting, and navigate the evolving landscape of sustainability. 🎙️ Listen to the full episode here: 📖 Website: https://bit.ly/4aZ2iaT 🔊 Apple: https://ow.ly/4g8O50Tg5OG 🔊 Amazon: https://ow.ly/pMHW50TiMuh 🔊 Spotify: https://ow.ly/2iPS50Tg5QW #RSM #GlobalSpotlight #NonFinancialReporting
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