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Friday, December 23, 2005

The Indian Government admits that FBT is a Trauma !

A couple of months back, I wrote about FBT (Fringe Benefit Tax) being such a pain for organizations.

Today, I came across the Indian Government's admission that FBT has become a Trauma !

Both for the Tax Payer and the Government.

If the Government could think through their tax laws properly in terms of their execution and overall impact, life would be much easier both for individuals and organizations in India.


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