FBT Withdrawal and Employee TDS: How Are You Managing the Tax Changes This Year?

BSRavi

Hi,

Withdrawal of FBT and tax to be paid by employees on reimbursement - Has the circular of the IT Dept. come out?

How are folks dealing with this? (High TDS for employees between January and March.)

Regards,
Ravi B. S.

rguph

Dear Ravi,

Please find herewith the circular issued by the Government regarding the valuation of perks post FBT withdrawal.

rguph

Here is the corrected text with proper spelling, grammar, and formatting:

"Here is the attachment. Please open it, and if there are any queries, they can be resolved."

Thank you.

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