Understanding Fringe Benefit Tax: What Are the Exemption Limits and Inclusions?

vipinmanav

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

blissabhay

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

jsri

Hi Vipin,

This is Sri. Please follow this link to know more about FBT and its rates: [What is fringe benefit tax?](http://www.rediff.com/money/2005/mar/22spec.htm)

Sri.

gan1166

Hi Vipin,

I have attached two documents for your query.

Ganesh Bh

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