what is fringe benefit tax
Answers were Sorted based on User's Feedback
Answer / murrali dhandapani h
The Fringe benefit tax is to be paid to the government for
the purpose of using travel and tour expenses but now it is
fully exempted from the govenment.
actually it was paid by company like domestic company and
non domestic company their travel and tour expenses against
some one of the percentage wise like 20% 15% wise they have
to paid the tax to the government.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / subhash jha
The Fringe benefit tax is to be paid to the government for
the purpose of using any extra benifit. but now it is
fully exempted from 2009.
actually it was paid by company for extra expenses(like
travel and tour expenses)on employee entertainment against
some one of the percentage wise like they have to paid the
tax to the government. but now it is fully exempted.
short cut :- frienge benifit means extra expenses on
employee paid by company & also tax pay by company,
| Is This Answer Correct ? | 0 Yes | 0 No |
please Clarify between TR-6 and gar-7 challan.
26 Answers Alps, Simran International,
TAX should Be deducted on Water Supply Contract ?Why ?
What is Profession Tax?
Tds return other than salary form.
How We know we are liable for Profession Tax liability. I have an optics shop & I want PT Number so what should i do?
Wat is TDS?give full information on that topic.
10 Answers Infoline, Thomas Cook, Win Infotech,
can we have benefit of CST in VAT (Haryana). explain?
WHAT IS SHEDULE , HOW MANY TIPE OF SHEDULE IN COMPANY & PARTNERSHIP FIRM , WHAT IS IN EACH SHEDULE HEAD CONTAIN , PLEASE GIVE ME THE ANSWER ON MY E.MAIL sonidilip87@yahoo.com
WE HAVE PAID SALARY 200000 PER MONTH a)COMPANY ALSO PAID HER HOUSE RENT WHICH IS 12000/- MONTH. b)FURNITURE PROVIDE WHICH COST IS 175000/ I WANT SUGGESTION HOW DEDUCTED HER TDS PER MONTH
Please tell me that what is the formula of Input tax (Vat input) disallowed in case of branch transfer? We have a branch in Delhi and H.O in Faridabad?
How to Calculate FBT
computation of monthly income tax? example;-salary of male employee below 65 yr. of age the yrs inclusive of all perquisites is Rs.450000/- out of which rs.50000/- is account of non monetary perquisites and the employer opt.to pay the tax on such perquisites as per the provision?discusson above with reply