Trending @Capgemini; Mobile Handset Reimbursement

Can someone share more insights on mobile handset reimbursement

7mo ago

SqueakyPotato

Capgemini

7mo

No it means whatever amount you spend on purchasing of mobile or personal laptop depending on your grade, the amount will be treated as non-taxable. It's similar to Car petrol bills. They don't reimburse petrol bills. But if you select petrol bills under OOAR, the amount is non-taxable.

SleepyWalrus

Capgemini

7mo

So my taxable salary is now 14 lakh on which tax I am paying is 76k annually and if I purchase mobile worth 60k then my taxable salary will become 13.40 lakh on which I will be paying tax of around 66k which means for those 10k benefit I need to buy a 60k mobile?