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Answer Posted / vanadhi ramasami
FBT: Fringe Benefit Tax is the tax that is collected on
employer expenditure,ie,for every expense an employer done
for employee like conveyance,free food breverages etc.They
are not deducted @ source.
TDS: Tax Deducted @ source which is common for payment and
recepits. Either thing the the neccessary tax amount is
deducted from total amount and the seme will be remitted to
IT.
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