Half-baked Esops won't escape FBT

Last updated: 13 May 2007


This could come as a dampener to all those companies that rushed their employee stock option plan (Esop) offers before March 31 to avoid fringe benefit tax (FBT). The finance ministry has clarified that FBT will apply on all Esop offers where the physical transfer of shares was completed after M

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Category Income Tax   Report

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