Which among the following is / are examples of the "Fringe Benefits"?
1. A dividend cheque paid to a shareholder
2. A bonus salary cheque on the occasion of festival
3. Reduced prices of a company's products or services for its employees
4. Special travel facilities provided by company to its employees
Choose the correct option from the codes given below:
Fringe benefits are Non-monetary benefits offered to the employees of a company in addition to their wages or salaries. They include company cars, expense accounts the opportunity to buy company products at reduced prices, private health plans canteens with subsidized meals, luncheon vouchers, cheap loans, social clubs, etc. some of these benefits, such as company cars, do not escape the tax net. Benefits, other than dividends, provided by a company for its shareholders. They often include reduced prices for the company’s products or services, Christmas gifts, and special travel facilities.
This question is a part of GKToday's Integrated IAS General Studies Module