Fringe Benefit Tax (FBT) is a tax imposed on certain non-salary benefits that employers provide to their employees or their associates (such as family members) in addition to their regular salary or wages. These benefits could include things like company cars for personal use, low-interest loan...
PAN enables the department to link all financial transactions, such as tax payments, TDS or TCS credits, returns of income/wealth/gift/FBT, specified transactions, correspondence, etc, of the person with the Income Tax department. The primary objective of PAN is to use a universal identification...