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Why fringe benefit tax?

The taxation of perquisites -- or fringe benefits -- provided by an employer to his employees, in addition to the cash salary or wages paid, is subject to varying treatment in different 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

Posted in Personal Finance & Tax by bhupender at 12:12 AM on September 27, 2008

can i have bare spoonful of honey?what are the benifits of honey on our body?

potent and revitalising....well, Honey is better than what most people think...Discover the enormous benefits of honey; its pure, natural, and varied tastes and all the health benefits it provides. Its of honeys medical benefits in all directions. The benefits of honey dont just stop at satisfying the palate; honey also offers incredible antiseptic, antioxidant and cleansing properties for our body

Posted in Personal Health by shona gill at 2:48 PM on September 11, 2008

What are the benefits of meditation

Health BenefitsNumerous studies have shown that meditation has health benefits. Many of these benefits are related to the decrease in stress that occurs through meditation. For example, with lower detachment and keep things in perspective. A powerful benefit of meditation is that we are able to detach ourselves from these insignificant, yet irritating thoughts. This detachment is not indifference

Posted in Computers & Technology by jks marven at 1:19 PM on May 13, 2008

WHT IS APPLICATION SOFTWARE?

of tasks that benefit the user. In this context the term application refers to both the application software and its implementation.A simple, if imperfect analogy in the world of hardware would like the electric light that performs a service that benefits the user....hi sau Application software is a subclass of computer software that employs the capabilities of a computer directly and thoroughly

Posted in Computers & Technology by saurabh at 4:48 AM on October 03, 2008

What is the reaction of India Inc to fringe benefit tax?

Reaction of the Indian Incorporations as to the enactment of FBT-India Inc is quite nervous about the proposed fringe benefit tax and feels that the gains from the reduction in Delegation from Down Under scouts India ... The proposal to introduce a fringe benefit tax had evoked strong reaction from the ... Inc has said that it is stamping its well attrition rate, exceeding 20 per cent for India Inc

Posted in Personal Finance & Tax by shyam singh at 1:08 AM on September 26, 2008

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

Posted in Personal Finance & Tax by pawan kumar at 9:59 PM on September 23, 2008

Will I get any tax benefit if I repay my education loan. I heard upto 40000 you can get benefit. But will this benefit comes under 1 lack tax savings or extra?

tax benefit will be on ilakh tax save....You may save upto Rs. 1 lakhs from tax liability by investing in PPF, GPF, ELSS,...NSC, KVP, 5 years FD in a Nationalised Bank, etc. Repayment of interest

Posted in Personal Finance & Tax by gowtham kris at 10:21 PM on December 19, 2008

Who pays fringe benefit tax?

Well Shayam! The taxation of perquisites -- or fringe benefits -- provided by an employer to his employees, in addition to the cash salary or wages paid, is subject to varying treatment in different 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

Posted in Personal Finance & Tax by shyam singh at 12:46 AM on September 24, 2008

What are the benefits of Yoga???

. This stimulation and massage of the organs in turn benefits us by keeping away disease and providing a forewarning at the first possible instance of a likely onset of disease or disorder. One of the far-reaching benefits of yoga is the uncanny sense of awareness that it develops in the practitioner of an impending health disorder or infection. This in turn enables the person to take pre-emptive corrective action

Posted in Personal Health by tiara anchan at 12:15 AM on September 12, 2008

Who pays fringe benefit tax?

Under the proposed provisions, fringe benefit tax is payable by an employer who is either an individual or a Hindu undivided family engaged in a business or profession; a company; a firm; an association of persons or a body of individuals; a local authority; a sole trader, or an artificial juridical person.The tax is payable in respect of the value of fringe benefits provided or deemed to have been

Posted in Personal Finance & Tax by bhupender at 12:11 AM on September 27, 2008

What other benefits does music therapy have?

BENEFITS OF MUSIC THERAPY :Research has shown that music with a strong beat can stimulate brainwaves to resonate in sync with the beat, with faster beats bringing sharper concentration and more alert easily on its own as needed, which means that music can bring lasting benefits to your state of mind, even after youve stopped listening.alterations in brainwaves comes changes in other bodily functions

Posted in Personal Health by rinku at 8:50 PM on September 19, 2008

Can everyone benefit from yoga ?

to this time of expanded self-awareness. Pregnancy is also a very good time for meditation.Everyone can benefit from following a regular yoga routine, as it counteracts many of the problems suffered in modern circulation. It frees the practitioner both physically and mentally, often heightening intuition and creativity.Yoga has both preventive and therapeutic benefits. It has been shown to offer both physical

Posted in Personal Health by rinku at 4:27 PM on September 10, 2008
Tags benefit, yoga

What is the reaction of India Inc to fringe benefit tax?

Reaction of the Indian Incorporations as to the enactment of FBT-India Inc is quite nervous about the proposed fringe benefit tax and feels that the gains from the reduction in corporate tax benefit tax. A recent survey also said that because of the impact of the fringe benefit tax, companies across sectors are likely to cut down on the increments that employees would get. The proposal has

Posted in Personal Finance & Tax by bhupender at 12:15 AM on September 27, 2008

What is Fringe Benefit Tax? Plz. Explain in detail...

Fringe benefit tax proposes to tax companies on perquisites provided to their employees....Please find the information below that wil help you understand fringe benefit.Fringe benefit is a payment to an employee, but in a different form to salary or wages.According to the fringe benefits tax FBT legislation, a fringe benefit is a benefit provided in respect of employment. This effectively means a benefit

Posted in Bangalore by Kashi Rawal at 12:04 AM on January 09, 2008

How will the fringe benefit tax be calculated?

How will the fringe benefit tax be calculated?The value of fringe benefits shall be the aggregate cost incurred. That is, the total expense deducted will be considered for purposes of levying fringe benefit tax. From this, a certain percentage will be deducted. The difference therein will be taxed at the rate of 30.However, the fringe benefit tax rate varies from 10 per cent to 50 per cent depending

Posted in Personal Finance & Tax by bhupender at 12:13 AM on September 27, 2008
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