Employer gifts up to Rs.15,000 now tax-free: Here's what salaried taxpayers need to know about the higher limit
New Delhi, Sept. 9 -- With the Income Tax Rules, 2026, several changes to the taxation of salary perquisites and allowances have taken effect from 1 April 2026.
One of the key changes for salaried employees is the increase in the annual tax-free limit for employer-provided gifts, vouchers and tokens from Rs.5,000 to Rs.15,000.
But how does the new Rs.15,000 limit work? What types of gifts and vouchers qualify? Here's what salaried taxpayers need to know.
Arvind Prabhakar, CEO and Co-founder of GyFTR, explained that "the exemption threshold for employer-provided gifts and vouchers has increased from Rs.5,000 to Rs.15,000 in aggregate during the tax year under both the old and new tax regimes".
This means that the Rs.15,000 limit applie...
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