Fringe benefits tax (India)

The fringe benefits tax (FBT) was the tax applied to most, although not all, fringe benefits in India. A new tax was imposed on employers by India's Finance Act 2005 was introduced for the financial year commencing April 1, 2005.[1] The fringe benefit tax was temporarily suspended in the 2009 Union budget of India by Finance Minister Pranab Mukherjee.[2]

The following items were covered:

See also

References

  1. "What is fringe benefit tax?". March 22, 2005. Retrieved April 13, 2012.
  2. "FBT abolished: Bad news for employees". July 6, 2009. Retrieved April 13, 2012.
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