1 article tagged with this topic
Under Rule 15(5)(a) of the Income-tax Rules, 2026 (Notification No. 22/2026), the tax-free threshold for employer-provided non-cash gifts and vouchers tripled to ₹15,000 for Tax Year 2026-27—but the literal 'below ₹15,000' wording creates a potential ₹4,680 cliff where receiving ₹15,001 can leave you worse off than receiving ₹14,999.
