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Section 33 - Monetary Value of Perquisites, Allowances and Benefits

The monetary value of perquisites, allowances and benefits other than perquisites, allowances and benefits payable at monetary value shall be determined as per the table below, namely:—

Table

Si. No.

Perquisites, Allowances, Benefits etc.

Fixed Price

(1)

(2)

(3)

1.

Accomodation benefits

(a) value of the accommodation if the rent of the accommodation is fully paid by the employer or annual value if the accommodation is provided by the employer;

(b) the difference between the rent determined and the rent paid under clause (a) in case of accommodation obtained at a reduced rent.

2.

Benefits per motor vehicle

(a) Taka 10 (ten) thousand per month in case of vehicles up to   2500 cc;

(b) Taka 25 (twenty five) thousand per month in case of such vehicles of more than 2500 cc.

3.

Any other perquisites, allowances or benefits

Monetary value or fair market value of perquisites, allowances or benefits.

Note: This is unofficial English translation. In the event of a conflict between the information on this website and the original Government publications or notifications of laws, rules, regulations, and SROs, the Government publications or notifications shall prevail. Moreover, as per Section 345(2) of the Income Tax Act 2023, if there is a conflict between the English and Bengali text, the Bengali text shall prevail.

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