What is Fringe Benefits?

Answer Posted / 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

Is This Answer Correct ?    10 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what factors should be kept in mind in selecting HCN?

1695


what is the 4 major purposrs of manpower management

1693


how can i apply for summer training course at Artech India Pvt Ltd.also i want to know the mail id and contact no of this company.how can i get that?

1756


i m preparing dissertation on "how effective an HR function in 21st century in modern organisation". i have to prepare quessioner on this topic, can u all please help me what question i should put on it. thank you for help

1617


in which ways should the work structure change to make it easier for employees to actively practise what she/he has learned form a training intervention?

1652






state two major differences between the practice of personnel management and human resource management.irrespective of these is practised what needs to be measured?

1700


what are the methods to measure managerial effectiveness

5959


What are the key issues that should be addressed in the design, conduct and evaluation of training programs?

1774


Could you please advice me regarding various mails pattern in various scanarios

1723


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

1758


I am a mba fresher and i got a job in wipro for the post of talent acquisition. And the salary is only Rs.6000 Do you think its chance for me to grow..

3440


what is memo & which no of memo given to the worker and termination of service.

1794


Role of an HR professional in transformational change in a health care industry.

1596


The present state of reession in it industry as a human resoures managers how are you going to under take human resoures planing at maecro leval to ove this crisis

1644


what types of questions are asked by iocl

2508