Answer / santhu

hi,

As per my knowledge, fringe benefits shall be
deemed to have been provided if the employer has incurred
any expense or made any payment for the purposes of:

(a) entertainment
(b) festival celebrations
(c) gifts
(d) use of club facilities
(e) provision of hospitality of every kind to any person
whether by way of food and beverage or in any other manner,
excluding food or beverages provided to the employees in
the office or factory
(f) maintenance of guest house
(g) conference
(h) employee welfare
(i) use of health club, sports and similar facilities
(j) sales promotion, including publicity
(k) conveyance, tour and travel, including foreign travel
expenses
(l) hotel boarding and lodging
(m) repair, running and maintenance of motor cars
(n) repair, running and maintenance of aircraft
(o) consumption of fuel other than industrial fuel
(p) use of telephone
(q) scholarship to the children of the employees

regards,
santhosh.p

Answer / prajaktashrikant

Fringe Benefit means the exta amount is paid to employees
in form of LTA, Education Allowance, Traveling Exp ,Petrol
Allowance, Hotel allowance etc..; Now a days on all this
Gov. charge a tax

Answer / surjeet

as we know that the fringe benefits are additional to the
salary but the main purpose of fringe benefits is to retain
the employee for long time and just plays a good role by
giving financial or nonfinancial satisfactions.

Answer / okoro emeka k

Fringe benefit are
nonfinancial rewards
use to motivate
employees inorder to
enhance productivity in
the organization

Answer / choki wangmo

Employer gives benefits to the Employees in order to
compensate his/her service and motivates to do best for the
organization.
Eg: Medical Expenses, Childern Education
Allowances,Scholarship, Gifts,etc....

what is the main difference between the terms" contract of employment" and" contract os servive"

0 Answers  

---

How are the various factors of production affected by global competition? Do we manage people any differently in a globally competitive environment?

0 Answers  

---

As S HR how do u assess the candidate?how do u judge the candidate?

1 Answers   Brigade, Hindalco,

---

compansation,leaves,salary,labour ligislations iso 2009

0 Answers  

---

As jobs become more team-oriented, assessment centers will be used more often for non-management jobs. Do you agree or disagree?

1 Answers  

---

---

Tell abtur self and family

7 Answers   Action Tesa, Bank Of America, BPO, Genpact, IBM, ICICI, TCS, Wipro, WNS,

---

what is recruitment???why must i recruit you among all of the interviwee???

4 Answers  

---

What should be the percent of basic salary out of gross salary? what should be the Hra & other incentives percent? How gratuity is calculated?

2 Answers  

---

What is the reason for ur transition to Hr from the current profile?

2 Answers  

---

what is the difference between training and development

6 Answers  

---

If you have a busy day than how you will prioritize your daily tasks? What work would be your first priority?

2 Answers  

---

Explain the concept, need for and importance of a Decision Support System

2 Answers  

---