Fringe Benefit Tax
This query is : Resolved
06 July 2009
Dear Sir,
In the Budget 2009 speech today the Honbl. Finance Minister has announced the abolishment of FBT.
Since the payment of FBT for the 1st Quarter is due on or before 15th July, 2009, please clarify whether we should pay this amount or not.
Practically, the Finance Bill is yet to be passed in the parliament.
Regards
S. Anand
In the Budget 2009 speech today the Honbl. Finance Minister has announced the abolishment of FBT.
Since the payment of FBT for the 1st Quarter is due on or before 15th July, 2009, please clarify whether we should pay this amount or not.
Practically, the Finance Bill is yet to be passed in the parliament.
Regards
S. Anand
Ratan Sharma
(Expert)
06 July 2009
Hi,
No need to pay FBT as it is abolished.
No need to pay FBT as it is abolished.
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