FBT rate on Boarding & Lodging Exp and Travelling Tkts

This query is : Resolved 

06 December 2008 Dear Sir,

I want to know what is the FBT rate applicable on the boarding and Lodging Exp and also on Travelling Tkts Foreign and Domestic

Regards

Ravi Konda

06 December 2008 Value of Fringe Benefit in case of Boarding & lodging Expenses is 20% & in case of Tour & Travelling it is 5%. Rate of FBT is 30% plus cess & surcharge as applicable.



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