FRINGE BENEFIT TAX

This query is : Resolved 

09 December 2008 1.HOW MUCH FRINGE BENEFIT TAX ON TRAVELLING (INCLUDING FOREIGN TOUR).
2.HOW MUCH F.B.T.ON SCHOOL FEES PROVIDE BY EMPLOYER TO EMPLOYEE CHILD.


11 December 2008
1. Taxable Value of FB in case of Tour and Travel is 5%.

2. Taxable Value of FB is 20%, as it is in the nature of employees welfare.


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