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| Q.15 | The taxation of perquisites provided by an employer to his employees, in addition to the cash salary or wages paid, is known as ___________. | |
| Ans | A. Securities Transaction Tax (STT) | |
| B. Banking Cash Transaction Tax (BCTT) | ||
| C. Fringe Benefit Tax (FBT) | ||
| D. Corporation Tax |
Correct Ans: C
