perquisite


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perquisite

an incidental benefit gained from a certain type of employment, such as the use of a company car
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References in classic literature ?
It was enough to drive Rabourdin out of the service; but how could he give up his salary of eight thousand francs and perquisites, when they constituted three fourths of his income and his household was accustomed to spend them?
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Therefore, the perquisite pertaining to the stock option would be taxable in India on proportionate basis.
My brother who is with me in the Gulf was working in India
this Sacramento-based newspaper publisher said recently that company car and club membership perquisites for executives would end in 2007.
3 TOP EXECS AVERAGE $5.6M IN 2006
The CBDT notification states that the value of the perquisite will be 15 per cent of the salary in cities having a population exceeding 25 lakh and 10 per cent in those with a population between 10 to 25 lakh.
Shell out tax on perks via TDS route by March
Apart from my salary and perquisites, they will pay for the corporate membership of a golf club, which I will be able to use.
I have invested the full sale proceeds in the purchase of a residential house. Would I be entitled to claim exemption of the capital gains made on sale of the land?
Hence, you will have to pay tax at the rate of thirty per cent on taxable income over Rs1 million on the aggregate of the salary, the taxable allowances, if any, and the perquisite value for the residential accommodation and the furniture provided as mentioned above.
I want to know whether the expenditure incurred on renovation will be taxed in my hands because it will be quite substantial
The salary for this purpose of calculating the 15 per cent perquisite value would include the pay, allowances, bonus or commission, as well as any other monetary payment.
Expense claim against profits
Olympic champion and model Lisa Leslie, soon to be a player for the WNBA's Los Angeles Sparks, told Seventeen magazine that her favorite perquisite is getting to have a floor seat to watch her male counterparts in the NBA.
A SIDEWAYS GLANCE : HOLD THAT TIGER
It would be a pity if democracy has become the perquisite of the privileged.
Change now vital as EU not fantastic; Views of Wales

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