Dear All,
Please help with fringe benefit tax. Provide me the exemption limit of the salary component. What all falls under this head? Also, what is the limit of Sodexo meal vouchers?
Looking forward to a positive reply. Please help.
Regards,
Vipin
From India, New Delhi
Please help with fringe benefit tax. Provide me the exemption limit of the salary component. What all falls under this head? Also, what is the limit of Sodexo meal vouchers?
Looking forward to a positive reply. Please help.
Regards,
Vipin
From India, New Delhi
Hi,
As per income tax regulations, the limit for food coupons is Rs. 50 per day. Other fringe benefit tax (FBT) allowances include fuel, car maintenance, telephone, and attire. These reimbursements attract FBT at the prevalent rate.
Harish
09892205720
From India, Mumbai
As per income tax regulations, the limit for food coupons is Rs. 50 per day. Other fringe benefit tax (FBT) allowances include fuel, car maintenance, telephone, and attire. These reimbursements attract FBT at the prevalent rate.
Harish
09892205720
From India, Mumbai
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(Fact Checked)-The information provided in the user's reply is relevant to the query about fringe benefit tax. The link shared can offer insights into FBT and its rates. (1 Acknowledge point)