Would like to know the rate of FBT on Lodging & Boarding Expenses during Travel.
Would it be part of Travelling Exp.?
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FBT on Lodging & Boarding on Travel
Replies (1)
yes the FBT is attracted under this case and the Rate of FBT is 20%( other than hotel and pharma industries for this the ratesis 5%) on fringebenefit and there after 33.99% tax.
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