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What is mean by FBT (Fringe Benfit Tax)? How to calculate this?

Answers were Sorted based on User's Feedback



What is mean by FBT (Fringe Benfit Tax)? How to calculate this?..

Answer / h.r. sreepada bhagi

FBT means the taxes levied by the Central Government on
Fringe benefits. it has been withdrawn from the Assessment
year 2010-11. Now it's not in force in India.

Is This Answer Correct ?    4 Yes 2 No

What is mean by FBT (Fringe Benfit Tax)? How to calculate this?..

Answer / yogesh

FBT as a tax was levied on the financial resources spent on
firm's secondary operations like travelling , phone
bills , refreshments and all that .

Is This Answer Correct ?    0 Yes 0 No

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