Fringe Benefit - Law Dictionary Search Results
Home Dictionary Name: fringe benefitFringe benefits
Fringe benefits, means any fringe benefits referred to s. 115WB [Income Tax Act, 1961 (43 of 1961), s. 2(23B)....
fringe benefit
fringe benefit : an employment benefit (as a pension, a paid holiday, or health insurance) granted by an employer that has a monetary value but that does not affect basic wage rates ...
Fringe benefit tax
Fringe benefit tax, means the tax chargeable under s. 115WA. [Income Tax Act, 1961 (43 of 1961), s. 115W(b)]...
benefit
benefit 1 : something that provides an advantage or gain ;specif : an enhancement of property value, enjoyment of facilities, or increase in general prosperity arising from a public improvement general benefit : a benefit to the community at large resulting from a public improvement special benefit : a benefit from a public improvement that directly enhances the value of particular property and is not shared by the community at large NOTE: In proceedings for a partial taking for the purpose of a public improvement, the condemning authority may use a special benefit to the remaining land as a set-off against the landowner's damages for the taking. 2 in the civil law of Louisiana : a right esp. that serves to limit a person's liability benefit of dis·cus·sion : the right of a surety being sued to compel the suing creditor to sue the principal first benefit of di·vi·sion : the right of a surety being sued to compel the suing creditor to also sue the cosureti...
gross income
gross income : all income derived from any source except for items specifically excluded by law NOTE: Section 61 of the Internal Revenue Code lists fifteen nonexclusive items that should be included in gross income. They are (1) compensation for services, including fringe benefits and commissions; (2) gross income derived from business; (3) gains derived from dealings in property; (4) interest; (5) rents; (6) royalties; (7) dividends; (8) alimony and separate maintenance payments; (9) annuities; (10) income from life insurance and contracts for endowment insurance; (11) pensions; (12) income from discharge of a debt; (13) distributive share of partnership gross income; (14) income received (as by an estate or heir) by reason of a person's death; and (15) income from an interest in an estate or trust. ...
Fringed
Furnished with a fringe...
social security disability benefits (ssdi)
social security disability benefits (ssdi) SSDI benefits are payable to disabled individuals through the Social Security Administration. Many state workers' compensation statutes have specific provisions which dictate whether an injured employee may receive both workers' compensation benefits and SSDI benefits at the same time. Generally, if both benefits are appropriate for the same individual, a complex calculation will be performed to "offset" the benefits so that the individual does not receive more money than they are entitled to from both programs. ...
Benefit
Benefit, does not include any benefit which a mutawalli is entitled to claim solely by reason of his being such mutawalli. [Wakf Act, 1995 (43 of 1995), s. 3 (b)]The word 'benefit' in the context means for the immediate benefit of the individual or his wife or minor child, Yeshwant Rao Ghorpode v. CWT, AIR 1967 SC 135 (137): 1966 Supp SCR 419. [Wealth-tax (Amendment) Act, 1964 s. 4(i)(iii)]Where a person derives a pecuniary advantage as a result of or in connection with the commission of an offence, he is treated as if he had obtained thereby a sum of money equal to the value of the pecuniary advantage, R. v. Righby, (2006) 1 WLR 3067....
Benefit of clergy
Benefit of clergy [privilegium clericale, Lat.], an arrest of judgment in criminal cases. The origin of it was this: Princes and states, anciently converted to Christianity, granted to the clergy very bountiful privileges and exemptions, and particularly an immunity of their persons in criminal proceedings before secular judges. The clergy, afterwards increasing in wealth, number, and power, claimed this benefit as an indefeasible right, which had been merely a matter of royal favour, founding their principal argument upon this text of Scripture: 'Touch not mine anointed, and do my prophets no harm.' They obtained great enlargements of this privilege, extending it not only to persons in holy orders, but also to all who had any kind of subordinate ministration in the church, and even to laymen if they could read, applying it to civil as well as criminal causes. These exemptions at length grew so burthensome and scandalous, that the legislature from time to time interfered, by making par...
Benefit sharing
Benefit sharing, 'benefit sharing', in relation to a variety, means such proportion of the benefit accruing to a breeder of such variety or such proportion of the benefit accruing to the breeder from an agent or a licensee of such variety, as the case may be, for which a claimant shall be entitled as determined by the Authority under s. 26. [Protection of Plant Varieties and Farmer's Right Act, (53 of 2001) s. 2(b)]...
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