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Diwali bonus tax 2026 - employer gift Rs 15000 limit explained

Diwali Bonus Tax (2026): Is Bonus Taxable? Employer Gift Rs 15,000 Limit Explained

24/10/2026 by Rohan Mehta

Diwali bonus is fully taxable as salary. Employer gifts in kind are tax-free only below Rs 15,000 in Tax Year 2026-27; cash gifts are fully taxable. Worked example, slab impact and FAQs.

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Categories Income Tax Tags bonus taxable, diwali bonus tax, diwali gift tax, employer gift tax, perquisite gift limit, section 192, tax year 2026-27 1 Comment

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