New to Comp & Ben in HR: Excited to Learn and Share Experiences with You All

Hello Everybody,

It is very nice to join this specialized group. I have been working in HR (IT industry) for over 5 years. Recently, I got into the area of Comp & Ben. It's amazing to be a part of this network! Looking forward to a great knowledge-sharing experience.

Dear All,

Does anyone have information on how to implement a change in any prevailing salary structure post FBT? How is FBT going to impact issues such as:

1. Car
2. Fuel
3. Telephone (residence and office)
4. CLA, etc.

Awaiting your valuable inputs.

LEO LINGHAM... thanks... for extending a very warm welcome to me :)

Hi Malini,

Welcome to the forum. C&B Outsourcing is becoming the next big thing. Since you have experience in this field, I think your input will be of great help to the people, especially freshers who want to enter that field. So, I am expecting good postings from you.

Malini,

This is a bit of an undefined area. Even the tax experts have more than one interpretation. There have been more than two changes since it was first published as part of the BUDGET PAPERS. IT industries (export-oriented) have been given a few special treatments.

My suggestions are:
- Discuss with a local tax expert (EXTERNAL VIEW).
- Discuss with the company accountant regarding corporate policies on this matter (INTERNAL VIEW).
- Then review the HR policies regarding C&B package.

Regards,
Leo Lingham