TAX: โ‚น18L

Our founder.
(Name withheld to protect the guilty.)

How this started

One tax return.
Way too much rage.

Our founder is a salaried professional. So is their spouse. So are their parents. So are most of their friends and colleagues. And every April, the same thing happens: everyone pays the maximum possible amount of income tax and feels vaguely terrible about it.

Then one evening in 2024, a colleague mentioned โ€” almost as a throwaway โ€” that their previous employer had structured their car lease through the company. Pre-tax. The car was theirs at the end for โ‚น1. They had saved โ‚น2.3 Lakh that year on a benefit that had existed in law since 1962.

Since 1962. Sixty-two years. And most people earning โ‚น30โ€“80 Lakh had never heard of it โ€” because their company was too small to have a leasing company talk to them, or their HR team was too busy, or nobody had ever thought to build a platform that made it accessible.

So we built one. LeaseBridge launched in May 2026. The lightbulb is still on.

What LeaseBridge actually is

โœ…

We are a technology platform

We structure the SPV, prepare the documents, connect your employer to an NBFC partner, and generate the payroll integration file. We are not a lender, not a leasing company, and not an NBFC.

โœ…

The asset is funded by RBI-registered NBFCs

Our NBFC partners own the asset, bear the credit risk, and operate under RBI's Master Directions for NBFCs. LeaseBridge is the distribution and structuring layer.

โœ…

The structure has existed since 1962

Rule 15 of the Income Tax Rules, 2026 (previously Rule 3 of the 1962 Rules) is the statutory basis. We didn't invent this. We made it accessible to companies with 10โ€“1,000 employees.

โŒ

We are not a tax advisor

Every company's situation is different. We strongly recommend you verify the structure with your CA before proceeding. We'll introduce you to one if you need a referral.

Who we built this for

Roughly in order of how angry they were about their tax bill:

๐Ÿ‘จโ€๐Ÿ’ป

Senior IT engineer

โ‚น35โ€“60L CTC

๐Ÿ‘ฉโ€๐Ÿ’ผ

Finance manager

โ‚น25โ€“45L CTC

๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘ง

Working couple

Combined โ‚น50L+

๐Ÿ‘ด

Father pre-retirement

Last 5 earning years

๐Ÿ‘ฉโ€๐Ÿ’ป

Product manager

โ‚น20โ€“40L CTC

๐Ÿง‘โ€โš•๏ธ

Salaried doctor

Hospital payroll

The facts

FoundedMay 2026, Bengaluru
StructureTechnology platform + NBFC partner model
Legal basisRule 15, IT Rules 2026 ยท Companies Act 2013
Asset fundingRBI-registered NBFC partners
Law firmsAZB & Partners ยท Cyril Amarchand Mangaldas ยท Khaitan & Co
Contactinfo@leasebridgeindia.com

Legal opinions by

AZB & Partners

NBFC regulations ยท Structured finance

Cyril Amarchand Mangaldas

Real estate ยท SPV structures

Khaitan & Co

Employment law ยท Perquisite taxation

The regulatory framework

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