Multiple choice

What is the full form of FBT?

  1. Fringe Benefit Tax

  2. Foreign Board of Tax

  3. Foreign Banking Tax

  4. Fringe Benefit Taxation

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

FBT stands for Fringe Benefit Tax, which was a tax introduced in India on certain benefits provided by an employer to employees in addition to their salary.