fringe benefits

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FBT Last Modify: 04/06/11
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Finance Act, 2005 has introduced a new tax in the form of Fringe Benefit Tax (FBT). FBT is a tax payable by the employer on benefits other than salary or wages (provided/ deemed) that employees (past or present) receive as a consideration of their employment.

FBT is applicable on all types of assesses as mentioned above in Income Tax except the following:
   

Company Name:   GARG ACCOUNTING RESEARCH GROUP
Keywords:   Fringe Benefit Tax Fringe Benefits Fringe Benefits Tax Fringe Benefits Tax Rate Fringe Benefit Taxes Fringe Benefits Tax Act Fringe Benefit Tax Fbt Fbt Tax
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