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Bank employees take note! Supreme Court says interest-free loans given to bank staff taxable as fringe benefits
Credit: IndiaTimes- Published on May 9, 2024
Supreme Court has ruled that the interest-free or concessional loans given by banks to employees are taxable fringe benefits. The Supreme Court has ruled that using the SBI interest rate as the benchmark is not an arbitrary or unequal exercise of power as the rule-making authority has not treated unequal as equals.
Video credit: Oneindia
Published on May 10, 2024 - 03:01
Breaking News: Arvind Kejriwal Granted Interim Bail By Supreme Court Till 1st June| Oneindia News
The Supreme Court granted Delhi Chief Minister Arvind Kejriwal interim bail till June 1 in a money laundering case related to the Delhi excise policy. The ED opposed the bail, but the court hinted at granting it during a hearing. Kejriwal was arrested on March 21 and is accused of conspiring to favor liquor sellers. The case has sparked debate over political treatment in legal matters.
#ArvindKejriwal #SupremeCourt #Kejriwalnews #DelhiCMKejriwal #DelhiLiquorPolicy #TiharJail #Delhinews #Indianews #Oneinda #Oneindianews
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