GK
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is an example of a fringe benefit?
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a salary
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commission
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a company car
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None of the above
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Explanation:
Detailed explanation-1: -An example of a fringe benefit would be if an employee was given a company car to use for both business and personal travel. The value of the car would be considered a fringe benefit and would be subject to FBT.
Detailed explanation-2: -Fringe benefits are regarded as indirect compensation because it is .
Detailed explanation-3: -Introduction To Fringe Benefit Tax In India Fringe benefit is anything which is offered by the employer to his/her employee that is not a part of the salary. This consists of things such as tickets, reimbursements, superannuation contribution, company vehicles etc.
There is 1 question to complete.