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Do the finance minister will give any benefit to the middle class?  

Asked in Delhi at 6:43 PM on February 23, 2008

Tags: finance, minister, benefit, middle, class

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Ajay Chawla
Ajay Chawla
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Why fringe benefit tax?

minister has proposed to adopt a two-pronged approach for the taxation of fringe benefits under the Income-tax Act.Perquisites which can be directly attributed to the employees will continue to be taxed minister has proposed to adopt a two-pronged approach for the taxation of fringe benefits under the Income-tax Act.Perquisites which can be directly attributed to the employees will continue to be taxed

Posted in Personal Finance & Tax by bhupender at 12:12 AM on September 27, 2008

What is the reaction of India Inc to fringe benefit tax?

invited criticism even from the Institute of Chartered Accountants of India, which has otherwise praised the finance minister for rationalising the tax administration. Small firms might be spared: A Business Standard report said that the finance ministry is considering a threshold staff strength for levying the fringe benefit tax on employers.Finance ministry officials indicated that organizations

Posted in Personal Finance & Tax by bhupender at 12:15 AM on September 27, 2008

Will phone bills invite fringe benefit tax?

been taken at 20 per cent.However, there is some talk that the fringe benefit tax on telephone expenses may be reworked....Obviously Yes Mr. Bhupender. For telephone expenses, the finance minister assumes talk that the fringe benefit tax on telephone expenses may be reworked....Employers beware! Finance Minister P. Chidambaram may have pleased all sections of tax assessees by proposing to rationalise

Posted in Personal Finance & Tax by bhupender at 12:13 AM on September 27, 2008

Will the tax be lowered by the finance minister in view of the widespread opposition to it?

Reports say that the finance ministry is considering reworking the taxable value of the fringe benefits proposed in the Budget. The move follows industrys concern that the present proposals go beyond expenditure was not taxed. Information collected from http://www.rediff.com/money/2005/ma r/22spec.htm...Will the tax be lowered by the finance minister in view of the widespread opposition to it?Reports say

Posted in Personal Finance & Tax by bhupender at 12:17 AM on September 27, 2008
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