Union Commerce and Industries Minister Kamal Nath on Friday said he disagreed with the finance ministry on the controversial fringe benefit tax, saying the tax laws should be made simpler."In this......
The guidelines on the valuation of employees' stock option plans (ESOPs) for calculating fringe benefit tax (FBT) will be issued by September 8. "The Central Board of Direct Taxes (CBDT) is likely......
Employee stock option plans (Esops) are back in the news. Last month, acknowledging the confusion over calculation of fringe benefit tax (FBT) on stock options, the government pushed ahead the......
The government would not withdraw fringe benefit tax, which was introduced in the 2005-06 Budget, but the process would be made less painful, Central Board of Direct Taxes chairman M S Darda said......
The income tax department is planning to integrate the forms for filing fringe benefit tax (FBT) and income tax returns into a single form. The change, which may be announced in a week or two, is......