Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: articles on VAT and GST in India :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4% :: VAT Audit :: form 3cd :: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: due date for vat payment :: TDS :: Central Excise rule to resale the machines to a new company :: VAT RATES
News Headlines »
 7 Tax-saving investments for the risk averse
 5 Tax tasks you should complete before March 31
 March 31 deadline nears: Check out these last-minute tax-saving investment options
 How to file income tax returns online without having Form 16 in 10 simple steps
 Deadline For Filing Income Tax Return (ITR) Is Just 11 Days Away: 10 Latest Details To Know
  10 incomes you need not pay any tax on
 How To File Income Tax Returns In Three Steps By March 31, 2018
 10 things about income tax every taxpayer should know
 What to do if your TDS is not deposited with the government
 What if you forget to verify your Income Tax return?
 TDS on rent and other tax tasks to complete before March 31

Govt clears the air on FBT calculation
November, 23rd 2007
Government on Tuesday notified the rules to determine the fair market value of shares given by companies to their employees for calculating the Fringe Benefit Tax (FBT) to be paid by the employers.

Clearing the air on taxation of Employees Stock Option Scheme (ESOP), the government said FBT will have to be paid by employers on the difference between Fair Market Value (FMV) of shares and the price at which they are given to employees.

According to the notification, FMV of the ESOP for listed companies would be the average of opening and closing prices of shares on the stock exchange on the date when the employee becomes eligible for the option.

If shares are traded on more than one stock exchange, FMV will be the average of the opening and closing prices of the shares on the exchange which reports highest trading volume, the notification said.

However, in case shares are not traded on the specified day, the share price on the day closest to the vesting of option would be considered for the calculation of FMV.

In case of unlisted companies, FMV will be determined by merchant bankers on the date of vesting of option, that is the date on which the employee is given the right to apply for the shares under ESOP, the notification said.

The incidence of FBT on ESOPs will be around 34 per cent of the taxable value for domestic companies and 42 per cent for foreign companies.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Outsourcing Company Offshore Software Outsourcing Software Outsourcing Company India Offshore Outsourcing Company India Software BPO Software Business Process Outsourcing Software Outsourcing India Offsho

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions