WHAT IS THE TAXABLE VALUE OF THE FOLLOWING FRING BENEFITS
FOR FRINGE BENEFIT TAX ?
a) CONCESSIONAL TICKET PROVIDED BY THE EMPLOYER FOR
PRIVATE JOURNEY OF An EMPLOYEE AND HIS FAMILY MEMBERS.
b) GIFTS AND SCHOLARSHIP.
Suppose you buy a one-year government bond that has a
maturity value of Rs.1000. The market interest rate is 8
per cent. (a) How much will you pay for the bond? (b) If
you purchase the bond for Rs.904.98, what interest rate
will you earn from this investment