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FBT - implicatons
by varalakshmi@rediff.com on Jul 14, 2005 05:27 PM

Dear Sir

Regarding FBT, we wont't like at present, because it will create the following

(1) FIRST it will create unemployment
(2) Employer will cut Benefits to employee
(3) employer will reduce the man power
(4) employer will decrease the increment in every year
(5) wheter our govt lot in finance
(6) finance dept has to think about Lower andmiddle class people
(7) Please don't compare FBT withother countries, becuase they are DEVELOPED COUNTRY, their earning & benefits are more.
(8) except software co,most of the company employees earning less than 4000/-
(9) pls double think before impleting tax , already our persons suffered lot of tax,(service, cess, FBT, cash tax)
(10) it will incrase poverty.

regards

varalakshmi



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The above message is part of the Discussion Board:
What is fringe benefit tax?