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FRINGE BENEFIT TAX

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(Querist)
09 December 2008 1.HOW MUCH FRINGE BENEFIT TAX ON TRAVELLING (INCLUDING FOREIGN TOUR).
2.HOW MUCH F.B.T.ON SCHOOL FEES PROVIDE BY EMPLOYER TO EMPLOYEE CHILD.
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srinivasan pooranalingam

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srinivasan pooranalingam (Expert)
11 December 2008
1. Taxable Value of FB in case of Tour and Travel is 5%.

2. Taxable Value of FB is 20%, as it is in the nature of employees welfare.

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