Just heard that TAX on Bonus given by any to its employees is 40%.
Experts, any idea about authenticity of this news?
Also found out that next year 2015 tax levels has been reduced, giving some relief to the salaried person.
Just heard that TAX on Bonus given by any to its employees is 40%.
Experts, any idea about authenticity of this news?
Also found out that next year 2015 tax levels has been reduced, giving some relief to the salaried person.
I hope not. I thought it was still at top rate tax as it has been until now.