Tax benifits under employee employer?  

waht is income tax

of an individual is determined on the basis of his residential status in India.....:...INCOME TAX IS GIVEN TO THE GOVT.GOVT. CHARGE SOME TAX ON THE INCOME FOR PUBLIC BENIFIT...income tax.as his name showing it meansfrnd income tax is d payment u have 2 give 2 d government for income u earn by urself ................................... ....................... jocks apart dear frnd it is d tax charged on ur

what is PAN registration, should it is necessary for everyone.

necesseryfoall...yaaaaaaaaaa u donno or wt...PAN-parmanent account number, it is neccesary for person who is earning above income tax limit. there is no harm in making PAN card. there several important benifit of it account no which is compulsory for all as for employee r empoye privete r public staff...PAN IS INCOME TAX NO. PERMANENT ACCOUNT NUMBERYES IT SHOULD EVERY ONE...Yes this is abt our income tax an tax returns

How will the fringe benefit tax be calculated?

at the rate of 50 per cent....Well Bhupindar! Fringe Benifit Tax is also known as FBT. The taxation of perquisites -- or fringe benefits -- provided by an employer to his employees, in addition to the cash salary or wages paid, is fringe benefit tax. Any benefits -- or perks -- that employees current or past get as a result of their employment are to be taxed, but in this case in the hands of the employer

Tax benifits under employee employer?

Hi,An employer may provide transportation benefits to their employees that are tax free up to a certain limit. Under the US Internal Revenue Code section 132a, the qualified transportation benefits is one of the eight types of statutory employee benefits also known as fringe benefits that are excluded from gross income. The two types of qualified transportation benefits are transit passes and van

Why fringe benefit tax?

.These benefits are either taxed in the hands of the employees themselves or the value of such benefits is subject to a fringe benefit tax in the hands of the employer.The rationale for levying a fringe benefit tax minister has proposed to adopt a two-pronged approach for the taxation of fringe benefits under the Income-tax Act.Perquisites which can be directly attributed to the employees will continue to be taxed

Who pays fringe benefit tax?

provided by an employer to his employees during the previous year.The value of fringe benefits so calculated, is subject to additional income tax in respect of fringe benefits at the rate of thirty per cent of fringe benefits provided or deemed to have been provided by an employer to his employees during the previous year.The value of fringe benefits so calculated, is subject to additional income tax in respect

what fbt tax

Fringe benefit tax FBT is a tax on benefits that employees receive as a result of their employment, including those benefits provided through someone other than an employerFringe benefit tax FBT is a tax on benefits that employees receive as a result of their employment, including those benefits provided through someone other than an employer. Parliament has passed the Taxation Depreciation, Payment

Who pays fringe benefit tax?

countries. These benefits are either taxed in the hands of the employees themselves or the value of such benefits is subject to a fringe benefit tax in the hands of the employer. The rationale for levying a fringe benefit tax on the employer lies in the inherent difficulty in isolating the personal element where there is collective enjoyment of such benefits and attributing the same directly to the employee

wat is hra??how it taxed?????

the actual HRA you are receiving for maximum Benifit. Otherwise according to above example you will pay RS.300 more every month as TAX...HRA is a special allowance given to an employee to meet his rent expenses tax act, it is tax exempted upto a certain limit...It is an allowance given by an employer to an employee OR its house rent allowance and given to employee for his home rent expenses. A salaried

waht is income tax

what is PAN registration, should it is necessary for everyone.

How will the fringe benefit tax be calculated?

Tax benifits under employee employer?

Why fringe benefit tax?

Who pays fringe benefit tax?

what fbt tax

Who pays fringe benefit tax?

wat is hra??how it taxed?????