Esops too are fringe benefits, to be taxed

Last updated: 13 March 2007

Companies may not be as generous with Esops since it would result in a rise in their tax expenses. Employee stock option plans (Esops) will now be brought under the purview of the fringe benefit tax (FBT). Thus, companies will now have to pay tax at full rate on the difference between the exerci

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Category Corporate Law   Report

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