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ARTICLE: Lease OR Loan? Which EMI is better for you
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3rd January 2007, 13:44
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giri
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Join Date: Oct 2005
Location: bangalore
Posts: 33
Does anyone know if FBT (fringe benefit tax) is applicable to leased cars?
If it is, then your company may pass that on to you, or count it as a part of CTC (cost to company).
In that case, the savings may not be much.
giri
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