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From Financial Year April 2005 - March 2006

Income Tax Assessment Year 2006-2007 onwards


India - Fringe Benefit Tax (FBT)

Free Online FBT Calculators

Benefit From Gray Arrow A Free Kaytek Business Assistance Service






Down Arrow Fringe Benefit Tax Expenses Online Calculators



For Fringe Benefit Tax (FBT) Amount calculation purposes, there are four major types of expenses. They are as follows :



Down Arrow FBT calculated on 100 % of the Expense amount

Gray Arrow There are two types of Expenses in this category - Free Or Concessional Ticket provided by the employer for employees (or family members) private journeys & Employer Contribution to an Approved SuperAnnuation Fund for Employees. Complete Expense Details (along with the relevant Income Tax Sections) are here. Important - For Assessment Year 2007-08 onwards, only contribution amounts exceeding Rupees One Lakh (Hundred Thousand) to be considered as Fringe Benefits.

Gray Arrow FBT on 100 % of the amount - Calculator.






Down Arrow FBT calculated on 50 % of the Expense amount

Gray Arrow The Expenses in this category are Festival Celebrations, Use Of Health Club, Sports or Similar Facilities, Use Of Any Other Club Facilities, Gifts, Scholarships to Children of Employees. Complete Expense Details (along with the relevant Income Tax Sections) are here.

Gray Arrow FBT on 50 % of the amount - Calculator







Down Arrow FBT calculated on 20 % of the Expense amount

Gray Arrow List of Expenses are Entertainment, Hospitality (excluding that spent in office or factory), Conferences (excluding Participation Fees), Sales Promotion (including Publicity) (excluding Free Samples & displays), Employee Welfare, Conveyance, Tour, Travel (including Foreign), Hotel Lodging & Boarding Facilities, Motor Car & Aircraft Repair, Running, Maintenance, Telephone (including Mobile, excluding Leased Lines), Guest House Accomodation. Complete Expense Details are here.

Gray Arrow FBT on 20 % of the amount - Calculator






Gray Arrow Expenses - FBT on 5 % of the amount (applicable for certain businesses and for Assessment Year 2007 - 08 onwards only).



Down Arrow Currently, no Expense Heads within this category as per changes announced by the Government on 2nd May 2005.

Gray Arrow Expenses - FBT on 10 % of the amount.







Kaytek will not be responsible for any errors or omissions on the basis of the calculations. This cannot be construed to be legal advice. Please consult your tax attorney for the same.



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Updated on 21st December 2007.
Created on 2nd March 2005.

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