What is fringe benifit tax? please explain.. i am from india?

Answer 1

http://in.rediff.com/money/2005/mar/22spec.htm

for more info
http://indiabudget.nic.in/ub2005-06/fb/bill33.pdf#search=%22fringe%20benefit%20tax%20%22

http://www.incometaxindia.gov.in/

Answer 2

the tax levied by mr p chidamberam fin min on the certain expenses like entertainment ,festival exp ,trevelling , vehicle running (car) ,sales promotion ,gift, telephone exp ..rate of tax is 30 % and 12 % surcharge on 20 % amt of total expenses