fringe Benefit Tax

This query is : Resolved 

01 May 2008 Can any one tell me whether following expenses are chargeable under FBT or not: 1)company contribution towards Labourwelfare fund.
2) Staff Recruitment Exp
3) Education Reimbursement
4) Staff Transport Exp.
5) Funeral exp
6) Insurance Exp borne for the motorcar used by employee.

01 May 2008 1 if statutory- then not
2 not liable to fbt
3 yes
4 can't say
5 yes

01 May 2008 Thanx for resolving the query


01 May 2008 Please tell me whether medical expenses incurred for hospitalisation of employees or family members is chargeable to FBT if expenses is more than 15000 Rs in a year?

01 May 2008 expencess uo to 15000/- is chargable to fbt in excess of 15000/- is not chargable it is chargable to employees salary



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