« Top Headlines » Open DEMAT Account in 24 hrs  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 Return: 5 lesser-known tax-saving tips from Section 80  Why you need not rush to file your ITR immediately  Income tax returns: ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing  Section 80DDB tax benefits for specified illnesses: 5 things to know  Income tax slabs FY 2024-25: Five tips to help taxpayers decide between old and new income tax regimes  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 (AY 2024-25) available now on e-filing income tax portal «  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.