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Hi Friends,
I'm Ravi Kumar, working in Columbia Asia as a Finance Supervisor - Payroll.
I need some clarification on FBT. as on my knowledge its 6.798% on Flexi plans. but Is Medical Reimbursement is also applicable to deduct FBT
can any one please guide me on this
Thanks & Regards,
Ravi Kumar.S
Email :

From India , Bangalore
Hi dear ravi
if empolyer paid medical exp onbehalf of empolyee it's come under empolyees welfare & yes FBT will be charge on that check below point which clearly give in FBT computation
Employees welfarei) Expenses to fullfil statutory obligation ii) Expenses to mitigate occupational hazard iii) Expenses towards first aid / dispensary exp
Regards,

From China , Qinhuangdao
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