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Old 26th February 2010, 21:45   #16
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Quote:
Originally Posted by Laxminarayan View Post
True, savings of 50K in terms of tax. So in effect, I'm getting a hike of approximately 4K per month
I think that hike in your salary maybe reserved for shelling out extra amount on increased fuel price.
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Old 27th February 2010, 01:22   #17
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Originally Posted by arin_12 View Post
Some thing more. All these will be taxable.
....
2. Car Lease
Could someone please elaborate on how and under what circumstances this would be applicable?
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Old 27th February 2010, 07:44   #18
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Wow great news for us salaried . I hope we get 4k per month extra from April
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Old 27th February 2010, 09:56   #19
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I feel it is not going to help, I do agree we save a lot of money but we are going to end up paying more on:
Home
Fuel
Food
Electricity
Home Appliances like TV, AC
Computers
Cars

Note - The above are purely views of a non-conservative person.
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