Is FBT payable on labour welfare also..? as in case of staff welfare....
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FBT on labour welfare...!!!!
Replies (3)
Yes, except on refreshments provided to labour within the factory premises, as in case of staff welfare.
yes FBT is payable on labour Wefare @ 20% of value of FB * Rate of tax
thanks..
so we can conclude that labour is included in the definition of employees for FBT purposes..
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