Determining perk value for accommodation excludes employee awards
I reside in a company leased accommodation, which is valued at 10 per cent of my salary plus allowances for income tax. During the year, I received a special award for executing a job well. This is a one-time award only and was subjected to tax as income.

`I would rather invest money in business'
What does money mean? One thing is money, the other thing is funds. Both are important in their own respect. Any business requires funds for day-to-day working. As an individual, money is for spending. It is your security, your livelihood.

Washington schools pay for students' conveyance
The district administrators in Washington have decided to pay the parents of special education students in district schools for arranging their transportation themselves, writes The Washington Post.


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