What is difference between allowance and perquisites? - TimesMojo
What is difference between allowance and perquisites? - Time…
Jul 7, 2022
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💼 What are Perquisites in Income Tax?| Taxable vs Non-Taxable Perks| 60 Second Concept Series day 10
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The word “perks” is short for “perquisites.” It refers to special benefits, privileges, or advantages that come with a job, position, or situation — beyond the regular pay or basic expectations. Here are the main meanings and uses of perks: 🧑‍💼 1. Job-related benefits Extra advantages employees receive in addition to their salary. \t•\tExamples: \t•\t“One of the perks of working here is free lunch every day.” \t•\t“Company cars and health insurance are common perks for executives.” Synonyms: b
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