Is Fringe Benefit Tax still active or it is abolished ?

POSTED BY Bhanu Prakash ON April 3, 2014 8:38 pm COMMENTS (8)


FBT is still active or it is abolished? If active can you share income tax link stating same.



8 replies on this article “Is Fringe Benefit Tax still active or it is abolished ?”

  1. ashalanshu says:

    Dear Bhanu, in that case you should discuss your HR people on how to bring down your tax outgo within your existing salary set up.



  2. Bhanu Prakash says:

    Till 2012 i was in old company and there i used to get FBT benefits like car oil/maitainance expenses were exempted and telephone bill and food coupons etc…
    After 2013 moved to new company and not getting any benefits .. so i was looking for FBT is alive or not as well what are laws which can reduce taxable income like food coupons etc…

  3. ashalanshu says:

    Dear Bhanu, what type of info, you are looking for?



  4. Bhanu Prakash says:

    are there any links, talks about minimizing taxable income? please share.

  5. ashalanshu says:

    Dear Bhanu, when the FBT was in force, the return for FBT was to be filed.



  6. Bhanu Prakash says:

    what is in Income tax act section 115wd “return of fringe benefits”?

  7. Bhanu Prakash says:

    Oh.. any similar law is introduced?

  8. ashalanshu says:

    Dear Bhanu, it has been abolished long back.



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