Tax Column

| Thursday, January 14, 2021

Jayesh Dadia
Chartered Accountant

I am presently working with an MNC. On my application, the employer has provided an interest-free loan to me. Is there any tax implication?

It is a very common practice, particularly by MNCs and big companies, to provide interest-free loans or concessional loans to employees or other members of their household.

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DSIJ Mindshare

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