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Govt notifies ESOP rules for FBT

PUBLISHED ON: December 25, 2007 | Duration: 2 min, 49 sec

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The Finance Minister P Chidambaram will be soon presenting his next budget but certain proposals of his last budget are still getting ironed out. Last week the finance ministry brought out a fresh circular on the treatment of fringe benefit tax (FBT) on employee stock options (ESOP). This could come as another rude shock for many employees.
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