Perquisite Tax: Karnataka Grameena Bank to Bear Staff Loan Tax for FY 2025–26
Karnataka Grameena Bank has decided to bear 100 per cent of the tax liability on concessional and interest free staff loans or the perquisite tax for the financial year 2025–26 as part of its employee welfare measures. The move comes during the final quarter of the financial year, with the Bank focusing on improving deposits, advances, CASA mobilisation and recovery of non performing assets.
Read More: https://thekanal.in/en-IN/details/perquisite-tax-karnataka-grameena-bank-to-bear-staff-loan-tax-for-fy-202526-42804
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