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what is fringe benefit tax

Answer Posted / subhash jha

The Fringe benefit tax is to be paid to the government for
the purpose of using any extra benifit. but now it is
fully exempted from 2009.

actually it was paid by company for extra expenses(like
travel and tour expenses)on employee entertainment against
some one of the percentage wise like they have to paid the
tax to the government. but now it is fully exempted.

short cut :- frienge benifit means extra expenses on
employee paid by company & also tax pay by company,

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