What are credit card bonus points?
October 4, 2024 ⚊ 1 Min read ⚊ Views 10 ⚊ TRAVELCredit card bonus points are a type of reward currency that credit card issuers offer to customers for making purchases with their cards. The number of points earned depends on the type of card and the nature of the spending. Is Bonus received from the employer taxable? Yes, Bonus is taxable under Income from Salary. Will Tax be deducted on Bonus? Yes, the Employer will include the bonus in your salary, calculate the tax and deduct the TDS before crediting such bonus to your account.
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Tags: cconvert credit card, Credit Card Sign-Up Bonuses