Monday 5 October 2015

Fringe benefit tax and emphasis on its constitutional validity

Fringe benefit tax and emphasis on its constitutional validity
The fringe benefit tax rules proposed in the Budget by the finance minister are modeled on the Australian system[1]. With the only difference that fringe benefit tax is proposed to be taxed at between 10 per cent and 50 per cent in India, whereas in Australia it is taxed at a flat rate of 60%

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