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Monday, Mar 31, 2025 | India

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Public Sector Bankers Demand Banks to Bear Tax on Perquisites

Bankers in Public Sector Banks (PSBs) face a new challenge following the Supreme Court's ruling that concessional loans are taxable. With various PSBs responding differently, uncertainty looms large among bankers. Watch this video to understand the implications of the ruling, the positions of banks regarding covering this for their employees, the concerns raised by bankers, and how they are voicing the need for fairness and clarity.

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Author: Kanal Video Team

Published: January 15, 2025

Tags:BANKBank employeeBankbank employeestaxationTaxtaxTax benefitsAdvance TaxPersonal LoanBank LoanLoansloansLoanBank of BarodaPNBBoBPunjab National BankUnion BankUnion Bank of IndiaSBIState Bank of IndiaUCO Bank