financial services companies in delhi

During the last one year, liquid funds gave a return of about 8% per annum on a pre-tax basis. So on a cash deployment of Rs 2 crore in liquid funds for six months, on a 4% pre-tax basis, the company earned about Rs 8 lakh in total. "This extra income was then used for the company's employee benefit scheme," says Alam. Since the income was expended for an employee benefit scheme, this Rs 8 lakh was not taxable to the company either. According to Alam, this company financial services companies in delhi, without taking any extra financial burden, was able to give something to its employees just by using some smart cash management techniques.