what is FBT?

Answer Posted / sri

FBT is an acronym for Fring Benefit Tax

This tax is calculated in all companies; if the ledgers
like telephone/cell phone charges, travelling expenses,
boarding & lodging expenses, Petrol expense to Car is taken
into the calculation.

for more details please visit to the following page: -

http://www.rediff.com/money/2005/mar/22spec.htm

Is This Answer Correct ?    16 Yes 3 No



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