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According to the anouncement by Chidambaram, the FBT shall be applicable to...

In case of government employees, the value of free house provided will...

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Wise to invest now Print E-mail
MeriSalary.com is a website promoted by an experienced team of professionals from the fields of accounting, management, finance and taxation with extensive and varied exposure to multinational and consulting organizations. The website owned by SumPrati Infotech Private Limited (SIPL) is dedicatedly involved in offering its services of financial planning, real estate planning and guidance, tax planning and consultation needs of individuals and also of small and medium sized organizations since 2000 (earlier SumPrati Associates).
 
Investment 2007 Print E-mail
If along with the house, the employee has been provided free furnishings have been provided by the employer, then to the value the housing perquisite, the following sums will be added to get the perquisite value of furnished housing accommodation
 
Healthy Investment Print E-mail
In case of other employees, the amount of taxable value of such free housing accommodation is the lower of the following