what is fbt rate for f.y 2007-08
This query is : Resolved
19 September 2008
what is fbt rate for f.y 2007-08
19 September 2008
Rate of FBT payable by persons other than BOI or AOP, i.e, by firm, company is 33.99%. In case of BOI or AOP it is 30.9% if Fringe Benefit and Total Income, both are less than 10 lacs otherwise 33.99%.
19 September 2008
IT IS 33.99% ON THE VALUE OF FRINGE BENEFITS.
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