FINANCE

LTC benefits alert! Save more, enjoy tax benefits – Amazon.in makes big announcement

LTC:  Check how to avail tax benefits.

Amazon.in has made an announcement about a specially curated store where customers can buy products on top categories like Appliances, Consumer Electronics, TVs, Furniture and more and claim applicable tax benefits from their employers in lieu of Leave Travel Concession (‘LTC’). Amazon.in says, “Customers can save more and enjoy tax benefits in lieu of LTC on buying goods with GST of 12% or higher.”

LTC: How to avail tax benefits?

The tax benefits can be availed of with these simple steps: A salaried customer has to purchase good/services with 12% or more GST, get the invoices for these orders in ‘Yours orders’ section, followed by submitting the invoices to their respective employers to avail the applicable income tax benefits. 

Amazon.in says, “Customers can save with applicable tax benefits on high value products offered by sellers from top brands such as Sony, Xiaomi, Oneplus, LG, Bajaj, Duroflex and more. Additionally, they can also avail of affordable finance options such as No-cost EMI and exchange offers from sellers.”

Here are some of the offers by participating sellers –

Home & Kitchen Appliances

Up to 40% off on ACs from top brands
Up to 35% of on refrigerators
Up to 35% off on Washing machines & Dishwashers
Up to 60% of Microwaves & Chimneys
Up to 60% off on Mixer grinders
Up to 50% off on water purifiers
 
TVs

Up to 30% off on Android TVs
Up to 25% off on Premium TVs
 
Mobiles & Electronics

Up to 40% off on latest & bestselling smartphones
Up to 70% off on mobile accessories
Up to INR 30,000 off on laptops
Up to 60% off on headphones & speakers
Up to 40% off on Cameras & accessories
 
Home and Furniture

Up to 50% off on Home furnishing
Up to 50% off on Home décor
Up to 60% off on furniture & mattresses
Up to 50% off on work from home furniture
 
Fashion Accessories

Up to 70% off on footwear for men’s, women’s & kids’
Up to 70% off on suitcases & trolleys
Up to 70% off on watches for men and women from top brands
Up to 70% off on sunglasses
 

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