« Top Headlines » Open DEMAT Account in 24 hrs  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money  ITAT Cuts ?4.85 Lakh Penalty After ?14.02 Lakh Interest Income Was Missed in ITR  ITR filed under old regime, tax calculated under new regime; Delhi ITAT gives taxpayer relief  ITAT Delhi Quashes Tax Notice on AMU PG Student’s ?18.34 Lakh Stipend, Declares It Tax-Free Under Section 10(16)  Advance tax deadline September 15: What happens if you missed the previous instalment payment?  How much gold jewellery can you keep at home? Nagpur ITAT explains rules on ownership, gifts, taxability  ?5.31 lakh TDS refund allowed by ITAT Delhi: Why absence of an original ITR did not block the taxpayer  Missed the ITR Filing Deadline? How to Claim Your Income Tax Refund and Correct Mistakes Before December 31, 2026  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session) «  States may defer tax on education... Sebi rejects plea for PAN relaxation... » Govt defers FBT payment on Esops to Sept 15 June, 15th 2007 The finance ministry has extended by three months the deadline for payment of the first installment of fringe benefit tax (FBT) on employee stock option schemes (ESOPs). The companies were earlier scheduled to pay the first installment of the tax on Friday.   The 2007-08 Budget had announced a levy of fringe benefit tax on stock options. However, the Central Board of Direct Taxes is yet to arrive at a methodology for determining the fair market value of shares given under ESOPs.   In the absence of a method for determination of fair market value, it will not be possible for an employer to determine the value of the first installment of FBT in respect of allotment shares to its employees, a government release said.