Home Gray Arrow Consulting Gray Arrow Tax Gray Arrow Fringe Benefit Tax Gray Arrow Relaxations for Various Sectors


About Us

Hardware
Consulting

Testimonials

Site Map
Address

What's New

The Kaytek LogoKaytek Welcomes You

- Mumbai ( Bombay ), India.
Leverage Knowledge And Technology

For Financial Year April 2005 - March 2006

Income Tax Assessment Year 2006-2007


India - Fringe Benefit Tax

Various Exemptions and Relaxations

Benefit From Gray Arrow A Free Kaytek Business Assistance Service
Leverage Knowledge And Technology

Down Arrow Advertisement



Leverage Knowledge And Technology

Leverage Knowledge And Technology

Down Arrow For all Sectors

Leverage Knowledge And Technology

Down Arrow Food & Beverages At Workplace

Gray Arrow Expenses incurred by the Employer on Employees Food and Beverages (Tea, Coffee, etc) at Factory or Office Locations or any expenditure incurred through paid vouchers which are not transferable and for use only at eating joints or outlets are NOT considered as Taxable under FBT.

Down Arrow Advertising Expenditure

Gray Arrow Expenditure on advertisement in print media, electronic media, transport systems, holding of or participation in a press conference, business convention, fair or exhibition, publication of any notice, and by way of signs, artwork, painting, banner, direct mail, kiosk, hoardings shall be excluded from the value of the fringe benefit and are NOT considered as Taxable under FBT.

Leverage Knowledge And Technology

Leverage Knowledge And Technology

Down Arrow For all Sectors

Leverage Knowledge And Technology

Down Arrow Conference Participation Fees

Gray Arrow For conference expenditure, the fee for participation by the employees in the conference shall not be included in the fringe benefits. However, expenditure on conveyance, tour, travel on hotel incurred in connection with any conference shall be included in the value of the fringe benefits.

Leverage Knowledge And Technology

Down Arrow Employee Statutory Obligation Expenses

Gray Arrow Any expenditure incurred on payment made to fulfil any statutory obligation with regard to the employees shall not form part of the fringe benefits and, as such, is not to be included in the amount of expenditure incurred on employees welfare.

Leverage Knowledge And Technology

Leverage Knowledge And Technology

Down Arrow Specific Industry Sectors .

Leverage Knowledge And Technology

On 2nd May 2005, the Government of India announced several Employer Specific exemptions and relaxations (from the original provisions announced on 28th February 2005) in Fringe Benefit Tax for Various Industry Sectors like Airlines, Construction Companies, Drug Companies, Hotels, Software Companies, Passenger and Goods Transport Companies.

Leverage Knowledge And Technology

Kindly consult your Tax Attorney for details of the same.

Leverage Knowledge And Technology

Down Arrow Advertisement

Leverage Knowledge And Technology



Leverage Knowledge And Technology

Leverage Knowledge And Technology

Google
 
Web www.kaytek.co.in
Leverage Knowledge And Technology


Leverage Knowledge And Technology
Kaytek - Leverage Knowledge And Technology
Leverage Knowledge And Technology
Home
Site Map
Address
Legal
WebMaster
Leverage Knowledge And Technology
Updated on 23rd April 2007.
Created on 2nd March 2005.

Kaytek website display optimised for 800 X 600 Pixels Screen Resolution and Browsers compatible with Microsoft MS IE Internet Explorer Version 6.0 and above. (Email : mahesh (at) kaytek (dot) in). Copyright (c) Kaytek 2004 onwards. Mumbai India. All Rights Reserved.