New Delhi, May 28 -- Most employees have transitioned to the new regime for lower tax rates without investments, but at the cost of tax benefits like meal cards.
However, the new regime still allows employers to reimburse the cost of mobile phones, laptops, or car leases if they are used for official purposes. Some companies allow you to buy these devices after 12 months of use.
This is one hidden benefit that you can unlock as an employee in the new regime.
How does it work?
A phone or a laptop can be structured as a tripartite agreement between the employer, employee, and a leasing company. The company buys the phone and rents it to the employer. The employer allows an employee to use it (for official or work purposes). After 1 or 2...
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