What is perquisites & tax-free prequisites?
Answers were Sorted based on User's Feedback
Answer / pawan kaushik
the perquisites which is provided by the employer to his
employee which are not taxable in the hands of employer are
called tax free perquisites. Employee is liable to pay tax
on such perquisites are called tax free perquisites in the
hands of employer such as Rent free Accommodation,service
of gardners, sweepers,watchman etc.
Is This Answer Correct ? | 28 Yes | 2 No |
perquisites are the amenites provided by the employer to
his employee this are non monetary incentives
tax free perquisites are those perquisites which are tax
free
e.g car
Is This Answer Correct ? | 29 Yes | 7 No |
Answer / ahmed khan
Special benefits for executives that are usually non-cash items.
Is This Answer Correct ? | 7 Yes | 1 No |
Answer / ravinder
# 2
the perquisites which is provided by the employer to his
employee which are not taxable in the hands of employer are
called tax free perquisites. Employee is liable to pay tax
on such perquisites are called tax free perquisites in the
hands of employer such as Rent free Accommodation,service
of gardners, sweepers,watchman etc.
Is This Answer Correct ? | 6 Yes | 1 No |
How successful is the LPG policy initiated in 1991?
0 Answers State Bank Of India SBI,
Explain the Weak-form, semi-strong from and strong-from of Effiency?
What Is The Difference Between Reserve And Allowance?
What are term loans? What are the features of term loans?
What is IISC Code?
0 Answers State Bank Of India SBI,
What is mid Cap?
What do the banks do for the society?
0 Answers State Bank Of India SBI,
How your goal would coincide with company's goal?
What is the difference between Bill of Exchanges and Certificate of Deposit, Cheques, Demand Drafts and other Money Market Instruments?
What is BRS?
63 Answers British Airways, Capital IQ, FactSet Systems, Frankfinn, Genpact, RiceLake, State Bank Of India SBI,
What is 'ways and means advance (wma)?
how does sbi work?