Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Ho to calculate FBT ? Which Exepense heads are comes under
the category of FBT ? What is th e slab or rate ?

Answer Posted / m.sasikumar

FBT Stand for Fringe Benefit Tax. Fringe Benefit Tax on the
value of certain fringe benefits provided by employers to
their employees to be abolished.
Expenses heads aare as under
1) TelePhone Bill
2) Conveyance
3) Business Promotion
4) Staff Welfare
5) Vehicle Maintanance (only for 4 Wheel)
6) Tour and Travels.

Taxable ate of FBT

taxable slab rate is 20%and fbt slab rate is 33.99%

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the difference between tds tax code and tds tax type in sap fi

1890


Rules for filling Income Tax return for a domestic manufacturing company.

2543


the TDS rates and Income rates are equal in calculation of the salary and please send the IT slab rates for the employees and comapnies.

2215


what is the scope of business taxation in private company?

2351


If any body have knowledge for vacate position for the post of Accountant kindly mail me verma_moti@yahoo.co.in (handling Accounting upto finalisation,Sales tax/vat,TDS,Service Tax,Excise tax and MIS.

1968


Is Work Contract Tax expenses for a company?

1599


Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?

1507


We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds

2310


What are Excise Duty rates for Fin.Year 2009-10 for Pesticides and Chemicals Industries.

2421


Provision entry for current Year Income Tax A/c ----Dr To Income Tax Payable A/c Adjustment entry in next Year Income tax payable---Dr To bank A/c kindly tell me which head of income tax a/c and income tax payble a/c

1827


how to creat e-vat return in tally

2115


sub hadding no. scrap & Wastage in corrugated box

2217


What are the various forms used for VAT?

3296


How should the personal assets of a salaried employee be shown in his books of accounts ?

1750


What do you understand by dissolution of firm?

1195