Flexi Benefit Plans or reimbursements
A lot of my friends have opted for FBP benefits and they product bills for Car lease, driver’s salary, vehicle maintenance, etc which are not genuine. How safe it is? Request some insights here please. Because this FBP seems to help employees save significant taxes.
It's fine.
Loophole like living in mom's home and saving hra taxes.
U can also avail same under car plan, major MNCs provide that