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India – President of Indian Staffing Federation calls for tax benefits on work from home (Accord Fintech)

27 January 2022

Ahead of India’s upcoming Budget 2022, Lohit Bhatia, President of the Indian Staffing Federation and President, Workforce Management, Quess Corp, has called for tax benefits for employees working from home, reports Accord Fintech. Bhatia said that as the Covid-19 pandemic and subsequent protocols have created an environment in which employees are today working from anywhere, they should be supplemented for additional expenses that are incurred while working from home, such as electrical expenses, internet and connectivity expenses, office furniture as well as a one-time setup cost. To address this one-time set-up cost, up to INR 50,000 (USD 665.28) for the financial year can be provided and average support expenses up to INR 5,000 (USD 66.53) per month or INR 60,000 (USD 798.22) per annum can be allocated as tax-deductible expenses.