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When taxman comes calling on your bonus

If fringe benefit tax makes a comeback in the forthcoming Budget, there could be some tightening of tax evasion When your company gives you performance-linked bonus in kind -- say a fully paid......

Will Jaitley reintroduce Fringe Benefits Tax?

FBT was an unpopular tax and withdrawn before the General Elections in 2009 The Tax Administration and Reform Commission (TARC) has suggested reintroducing the Fringe Benefits Tax (FBT) and Banking......

Is ESOP a sop?

Employee Stock Options (ESOPs) is a significant employer-granted benefit, subject to the perquisite-based taxation system. Employee benefits used to be subject to Fringe Benefit Tax (FBT)......

Earning a salary? Save tax the smart way!

Earning a salary? Looking to save tax the smart way? Then you have two options. First is salary restructuring and second is tax saving instruments. Here we take a look at both these options and how......

ITeS sector wants extension of STP scheme

Industry is recommending that the tax exemption for STPs continue for another 10 years so that companies can continue availing of benefits. The global turmoil has taken its toll on all the sectors......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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