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A paradigm shift in oil geopoliticsOil flows are shifting from West to East, and Saudi supplies are now headed for Asia Telephone bills — whether perquisites? Our company has a habit of giving reimbursement of telephone expenses not exceeding specified limits depending on the position occupied by the employees. Since such reimbursement is less than the amount actually paid by the ... Vehicle/transport allowance An employer makes the office vehicle available to the employees for personal use, which is treated as perquisite evaluated under Rule 3(2). Since he is not separately given transport allowance for journey from residence to office and ... Other Stories
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