Webprerequisite: [noun] something that is necessary to an end or to the carrying out of a function.

Webprerequisite definition: 1. something that must exist or happen before something else can exist or happen: 2. something…. Learn more.

Webprerequisite: noun condition , demand , essential desideratum, exigency , fundamental , groundwork , indissensable item, necessary condition , necessary item ...

Web02/08/2022 · 1. Taxable Perquisites. Some of the perquisites that are taxable in nature include rent-free accommodation, supply of gas, water and electricity, professional tax of employee, reimbursement of medical expense, and salary of servant employed by employee. Taxable perquisites also include any other fringe benefit provided by the …

WebThe meaning of PERQUISITE is a privilege, gain, or profit incidental to regular salary or wages; especially : one expected or promised. How to use perquisite in a sentence. Did you know?

WebPrerequisite definition, required beforehand: a prerequisite fund of knowledge. See more.

Webper•qui•site. n. 1. an incidental payment, benefit, or privilege over and above regular income or salary. 2. a gratuity; tip. 3. something demanded or due as a particular privilege: homage that was once the perquisite of royalty.

Webprerequisite: 1 n something that is required in advance “Latin was a prerequisite for admission” Synonyms: requirement Types: show 4 types... hide 4 types... precondition a condition that is a prerequisite academic requirement a requirement for admission to or completion of an academic program essential condition , sine qua non a prerequisite ...

Web03/07/2018 · Prerequisite Meaning. Prerequisite, as a noun, refers to ‘something required as a condition for something to happen or exist’. In other words, it is something that is required as a precondition for something else to occur or be. As an adjective, it means something required as a prior condition for another thing to happen or take place.

WebThe Finance Act, 2005 states – Perquisites will be taxed by the government when such benefits have been provided or are considered to have been provided to employees by employers. Ideally, perquisites are taxed at the rate of 30% of the entire value of the availed fringe benefits.