Is there a special tax on joining bonus? I read that joining bonus plus total income will be taxed for a financial year. Apart from this tax , is there a special tax on joining bonus. If there is a special tax, will the income tax be total salary plus bonus minus special tax?

Posting as :
works at
You are currently posting as works at

No special tax

+1

JB is your income, so it is included in your net taxable income post all deductions.

If its 20% tax slab then that much tax only you have to pay.

Btw, from where did you collect this info you posted. Its pretty simple isn't it. 😊

In my organization if a person is getting 1lac joining bonus in hand he will get only 70k+
Because of tax

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