« Top Headlines » Open DEMAT Account in 24 hrs  Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.  Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief  ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know  Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  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 «  Is your home a tax trap?... MCA21 boon for pros, entrepreneurs... » Govt to notify guidelines on ESOPs within a week September, 26th 2007 After a delay of more than five months, the government is likely to notify within a week the guidelines for evaluating fringe benefit tax (FBT) on stock options given by companies to their employees. "Finance Minister P Chidambaram has given his approval and the guidelines on ESOPs (employee stock options) will be notified in the next four-five days," official sources said. Sources said the guidelines have been finalised and the ministry is now in the final stage of notifying them. The guidelines will give a respite to the companies, which have been waiting for the past many months to find out the manner for calculation the liability under FBT. Notably, Finance Ministry had to postpone earlier this month the last date for paying FBT on ESOPs to December 15, the date for paying the third instalment of advance tax. The Central Board of Direct Taxes (CBDT) has not so far finalised the method for determination of the fair market value. With no guidelines on this, companies have been unable to pay the tax and so the date of paying advance FBT had been postponed. They would have to club the payment of three instalments of advance FBT in December. The government had earlier postponed the date for paying the first instalment of FBT to September 15 from June 15. Chidambaram had announced in this year's budget that ESOPs would now come under the FBT net. He had said the tax would have to be paid taking into account the fair market value of the stock options, for which the CBDT would come out with guidelines.