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FBT
by imabhi000 on Sep 12, 2006 04:26 PM   Permalink | Hide replies

Hi,

I am working with Pvt ltd company from Mumbai, India...& As per the current process my company is deducting some amount per month from my salary under FBT...

Is that OK & legal or not...I thing this should pay by the company & not me...

Pls let me know if anybody have idea about this...


Thanks

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  RE:FBT
by sharad on Sep 20, 2006 01:07 PM   Permalink
Hi,
u r saying that u r company is deducting some amount every month from u r salary under FBT.
in this context i want to tell u that FBT is the liability of the Employer.if they r deduting this from u r salary then their is problem.
it is possible that perhaps they deducting TDS by ur salary to save there FBT.

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