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Personal benefits, including direct benefits, such as the use of a firm car or expense account for personal business, and indirect benefits, such as up-to-date office decoration.


Special nonmonetary benefits, often offered by landlords in order to attract new tenants. Examples include reserved parking places for company executives, an exercise club for tenants or employees, or free high-speed Internet service.

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As executive pay programs continue to evolve, companies continue to reevaluate their perquisite programs to retain what they consider to be essential to executives and of value to shareholders.
If the car is partly used for official and partly for personal purposes and maintenance expenses are paid by the employer, Rs 1,800 per month is taxable as a perquisite where the cubic capacity (cc) of the engine does not exceed 1.
If the aggregate exceeds $10,000, then the perquisite must be identified and disclosed in the footnotes.
The Delhi High Court has recently held that amounts paid directly by a foreign employer to discharge its employees' income-tax liability would not be treated as a taxable perquisite in India as it is exempt under section 10(10-CC) of the Income-tax Act, 1961.
public companies; the data reflect what percentage of companies reported such perquisites in their proxy statement.
The new tabular and narrative disclosure breaks down into three broad categories: compensation of "named executive officers" over the last three years, holdings of outstanding equity-related interests received as compensation--which are the source of future gains and retirement plans--and deferred compensation and other post-employment payments and benefits, including severance, change-in-control benefits, perquisites and stock option granting practices.
According to the interim regulations, an equivalent position "must have the same pay, benefits, and working conditions, including privileges, perquisites, and status [and] must involve the same or substantially similar duties and responsibilities, which must entail substantially equivalent skill, effort, responsibility, and authority.
But I have concentrated on her production of /horizontality/ in this context because the "woman as image" reading of Sherman's work has been particularly oblivious to its presence, and, specifically, to the way it challenges the perquisites of the "male gaze.
The MPs, asked to reduce the number of ministers to 25, cut perquisites of constitutional post-holders.
In fact, when he didn't hold a ministerial position - and didn't have an official car and other perquisites that go with the position - he went to social gatherings when invited by auto-rickshaw and paid the fare.
THE official perquisites that the former Speaker of the Delhi Legislative Assembly, Chaudhary Prem Singh, failed to return to the government might seem trivial when compared to the Madhu Koda scale of corruption.