« Top Headlines » Open DEMAT Account in 24 hrs  Income Tax Return Filing: 10 Mistakes To Avoid When Filing ITR For AY 2024-25  Old vs New Tax Regime: Who should move to the New Tax Regime from the old one?  Income Tax Calculator FY 2023-24: How To Know Your Tax Liability Online On IT Dept's Portal?  BackBack Income Tax Act amendment on cards on tax treatment of MSME dues  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing. Check details here  Income tax slabs FY 2024-25: Experts share these 8 benefits for taxpayers in new income tax regime  How To File ITR Online - Step by Step Guide to Efile Income Tax Return, FY 2023-24 (AY 2024-25)  Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning  What Are 5 Heads Of Income Tax?  Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals   Income Tax Return: 5 lesser-known tax-saving tips from Section 80 «  Income Tax dept moves SC against Infosys... SC upholds Coke stand on taxing warehousing fee... » ESOPs guidelines expected by Sep 14 September, 11th 2007 The finance ministry is expected to issue the fair market valuation guidelines for employees stock option plans (ESOPs) by Friday.   If the valuation norms are not announced by then, the due date for paying advance fringe benefit tax (FBT) on ESOPs is likely to be extended beyond September 15. It is to be noted that September 15 is the due date for paying advance tax for the second quarter of the current financial year.   Companies will be paying advance tax on ESOPs for the first quarter along with the second quarter as they have not paid the tax in the first quarter due to the absence of valuation norms.   The law ministry is vetting the proposed valuation method and is expected to clear it by Friday, a source familiar with the development said.   If it is not cleared by Friday, chances are that the notification may come in the subsequent week.   The valuation method could be a mix of the Securities Exchange Board of Indias prescribed method for the valuation of listed shares and wealth tax rules applicable for unlisted shares for the valuation purposes, said Govardhan Purohit, executive director, PricewaterhouseCoopers.   The companies are awaiting the finance ministrys word in this regard.