« Top Headlines » Open DEMAT Account in 24 hrs  Why we need a new Income-Tax Act  ITR 2024: No tax refund yet? Here's why it's delayed and how to check  ITR Filing: Income Tax Refund Not Received Yet? Here's What to Do Now  ITR Refunds for FY2023-24 (AY2024-25): Who will receive tax refunds quicker, filers of ITR-1, ITR-2 or ITR-3?  Penalties for Non-Adherence of MCA Notification on Audit Trail (Edit Log) w.e.f 1st April 2023  Income Tax: What is Section 148A notice and what are the new changes brought under Budget 2024?  GST on health and life insurance: How much do tax rates impact your premiums? check here  Income Tax Refund Delays Here s why your refunds are stuck and how long Income Tax Dept can legally take  ITR filing: How can taxpayers check their income tax refund status online? A step-by-step guide  ITR filing 2024: Waiting for your income tax refund? Here are 3 tax refund rules you should know  How to check income tax refund status online using PAN card? «  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.