# Festival bonus taxable?

**URL:** <https://community.greythr.com/t/festival-bonus-taxable/3450>\
**Category:** Income Tax\
**Tags:** tax, bonusrules\
**Created:** [October 8, 2021, 9:24am UTC](https://community.greythr.com/t/festival-bonus-taxable/3450 "2021-10-08T09:24:28Z")\
**Posts on this page:** 3\
**Page:** 1

<div class="post-metadata">

**Author:** ![Gowri](https://avatars.discourse-cdn.com/v4/letter/g/e480ec/32.png) [@Gowri](https://community.greythr.com/u/Gowri)\
**Post date:** [October 8, 2021, 9:24am UTC](https://community.greythr.com/t/festival-bonus-taxable/3450/1 "2021-10-08T09:24:29Z")

</div>

Hi,

If company provided gift or vouchers as festive bonus to employees, How much will this be taxable?

---

<div class="post-metadata">

**Author:** ![Anil](https://avatars.discourse-cdn.com/v4/letter/a/da6949/32.png) [@Anil](https://community.greythr.com/u/Anil)\
**Post date:** [October 8, 2021, 1:47pm UTC](https://community.greythr.com/t/festival-bonus-taxable/3450/2 "2021-10-08T13:47:58Z")

</div>

If gift vouchers are valued at more than Rs. 5,000, then they would have been treated as salary income and taxed according to the relevant slab rates. For less then Rs. 5,000 its not taxable.

---

<div class="post-metadata">

**Author:** ![Arpana](https://avatars.discourse-cdn.com/v4/letter/a/53a042/32.png) [@Arpana](https://community.greythr.com/u/Arpana)\
**Post date:** [October 9, 2021, 7:06am UTC](https://community.greythr.com/t/festival-bonus-taxable/3450/3 "2021-10-09T07:06:43Z")

</div>

HI,

Anything more than Rs. 5,000/- will be considered as income and will be liable for tax.

Regards  
Arpana