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Rice(Plse) is given to worker,whether FBT is liable ? if yes, @ what rate ?
it is staff welfare ,liable to fbt @ 20%.
1. whether insurance of motor car liable for FBT.
2. Whether Medical Insurance done by company for their staff liable for FBT.
1.Yes
2.Yes
Both are laible
1.yes
2.If it is the statutory liability of employer ( As per factory act if no of employee exceeds 500 then group insurance policy is compulsory) then FBT is not applicable to employer.
Yes Ration Given Employee is liable for FBT
1. yes
2. if it is a statutory liablity then it is not charagble otherwise it is chargable u/s 115 wb 2 e
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