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Budget 2021: Govt can provide tax deduction for employees working from home, says PwC

Budget 2021: Govt can provide tax deduction for employees working from home, says PwC
Following the outbreak of Covid pandemic early last year, many companies adopted a work from home policy for their employees
PTI | January 22, 2021 | Updated 07:51 IST
Pwc India senior tax partner Rahul Garg said such a measure would be reasonably equitable because if businesses were to incur that expense, that would have been a deductible expenditure in their books
The government could look at providing deductions for expenses incurred by salaried employees while working from home in the upcoming Budget as it looks to boost demand, consulting firm PwC India said on Thursday. Addressing a pre-budget session, Pwc India senior tax partner Rahul Garg said demand creation is particularly focussed on money being given or left in the hands of the individuals. ....

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Govt can look to provide tax deduction for employees working from home: Pwc India

Govt can look to provide tax deduction for employees working from home: Pwc India
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Last Updated: Jan 21, 2021, 06:57 PM IST
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Synopsis
Addressing a pre-budget session, Pwc India senior tax partner Rahul Garg said demand creation is particularly focussed on money being given or left in the hands of the individuals.
Agencies
Following the outbreak of COVID pandemic early last year, many companies adopted a work from home policy for their employees.
New Delhi: The government could look at providing deductions for expenses incurred by salaried employees while working from home in the upcoming Budget as it looks to boost demand, consulting firm PwC India said on Thursday. Addressing a pre-budget session, Pwc India senior tax partner Rahul Garg said demand creation is particularly focussed on money being given or left in the hands of the individuals. ....

New Delhi , Rahul Garg , Pratik Jain , Pwc India , Production Linked Incentive , Vivad De Vishwas , Tax Deduction , Govt Decisions , Work From Home , புதியது டெல்ஹி , ராகுல் கார்க் , பிராட்டிக் ஜெயின் , பவ்க் இந்தியா , ப்ரொடக்ஶந் இணைக்கப்பட்டுள்ளது ஊக்கத்தொகை , விவாத் டி விஸ்வாஸ் , அரசு முடிவுகள் , வேலை இருந்து வீடு ,

Govt can look to provide tax deduction for employees working from home: PwC

The government could look at providing deductions for expenses incurred by salaried employees while working from home in the upcoming Budget as it looks to boost demand, consulting firm PwC India said on Thursday.
Addressing a pre-budget session, Pwc India senior tax partner Rahul Garg said demand creation is particularly focussed on money being given or left in the hands of the individuals.
One clear thinking is at the level of small to medium taxpayer can we look at, in view of the COVID, a deduction to them particularly for salaried employees when they work from home.
So whatever expenditure they are incurring working from home, which expenditure in the typical case would have been incurred in office by their employers if they were using offices to work if you allow that to be treated as giving them an entitlement for deduction and that saves tax for them. It will leave more money in their hands, Garg said. ....

Rahul Garg , Pratik Jain , Pwc India , Production Linked Incentive , Vivad De Vishwas , ராகுல் கார்க் , பிராட்டிக் ஜெயின் , பவ்க் இந்தியா , ப்ரொடக்ஶந் இணைக்கப்பட்டுள்ளது ஊக்கத்தொகை , விவாத் டி விஸ்வாஸ் ,

Why GST collections touched record high in Dec? Experts pinpoint 3 reasons

3 reasons why GST collections hit record high of Rs 1.15 lakh crore
GST collections in December 2020 showed an unexpected year-on-year growth of 11.6 per cent to Rs 1.15 lakh crore, the highest monthly GST collection so far
Dipak Mondal | January 8, 2021 | Updated 14:35 IST
Monthly GST collections have been showing higher year-on-year numbers since September 2020
The New Year started with a bang for the government as far as its finances are concerned. GST collections in December 2020 showed an unexpected year-on-year growth of 11.6 per cent to Rs 1.15 lakh crore, the highest monthly GST collection so far.
So, what could be the reasons for such jump in collection in December? We talked to number of experts to explain why GST collections in December 2020 showed unexpected jump. Here are some of the reasons: ....

Rajat Bose , Shardul Amarchand Mangaldas , Pratik Jain , Department Of Revenue Intelligence , New Year , Senior Director , Deloitte India , Shardul Amarchand , Directorate General , Leader Indirect Tax , Pwc India , Revenue Intelligence , ராஜாத் போஸ் , ஷார்துள் அமர்சந்த் மங்கல்தாஸ் , பிராட்டிக் ஜெயின் , துறை ஆஃப் வருவாய் உளவுத்துறை , புதியது ஆண்டு , மூத்தவர் இயக்குனர் , டெலோய்ட்டே இந்தியா , ஷார்துள் அமர்சந்த் , இயக்குநரகம் ஜநரல் , தலைவர் மறைமுகமாக வரி , பவ்க் இந்தியா , வருவாய் உளவுத்துறை ,

Red Paws works to keep strays warm this winter

Red Paws works to keep strays warm this winter
NGO places mattresses for dogs across steel city localities
A popular animal welfare association of the steel city went about placing mattresses for strays on Sunday to ensure they are comfortable during the winter.
The initiative, organised by Jamshedpur Red Paws Rescue Foundation (JRPRF), was launched from the Circuit House Area ground. From there, volunteers drove to various places in a van to place the mattresses.
“These mattresses would provide a nice and warm place for stray dogs to sleep in, especially at night,” said Aniz Patel, founder of JRPRF, an NGO established in 2018. ....

Kunal Venkat , Aditi Das , Pratik Jain , Aniz Patel , Jamshedpur Red Paws Rescue Foundation , Circuit House Area , குணால் வெங்கட் , பிராட்டிக் ஜெயின் , ஜாம்ஷெட்பூர் சிவப்பு பாதங்கள் மீட்பு அடித்தளம் , சுற்று வீடு பரப்பளவு ,