Tution assistance by employer
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 July 2015
Hi,
What are the tax impact on company for providing tution/ Educational facilities to employees?
Do the company is required to pay any tax on tuition assistance??
What are the tax impact on company for providing tution/ Educational facilities to employees?
Do the company is required to pay any tax on tuition assistance??
14 July 2015
It is an allowable expenditure provided it is proved to be beneficial to the company for skill enhancement of employees.
14 July 2015
The feedback mechanism is beneficial here. if you can show how this benefitted in productivity, enhancing skills will be a good support.
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