what is fringe benefit tax
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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.
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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,
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My salary is Gross 17000/- pm and 1 salary is added as bonus total CTC is 2.21 LPA. Is am eligible for incometax. Kindly revert .
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