« Top Headlines » Open DEMAT Account in 24 hrs  Tax planning for 2025: How to maximise your savings before March 31 deadline  New income tax bill reaches Parliament: Finance Minister Nirmala Sitharaman tables I-T Bill 2025 in Lok Sabha  5 major changes in the last 6 months every taxpayer should know!  Good news for taxpayers: ITR forms updated to allow 87A tax rebate claims, but there's a catch  Top 10 income tax changes from 2024 to look out for while filing ITR in 2025 «  Income Tax dept moves SC against Infosys... SC upholds Coke stand on taxing warehousing fee... » ESOPs guidelines expected by Sep 14 September, 11th 2007 The finance ministry is expected to issue the fair market valuation guidelines for employees stock option plans (ESOPs) by Friday.   If the valuation norms are not announced by then, the due date for paying advance fringe benefit tax (FBT) on ESOPs is likely to be extended beyond September 15. It is to be noted that September 15 is the due date for paying advance tax for the second quarter of the current financial year.   Companies will be paying advance tax on ESOPs for the first quarter along with the second quarter as they have not paid the tax in the first quarter due to the absence of valuation norms.   The law ministry is vetting the proposed valuation method and is expected to clear it by Friday, a source familiar with the development said.   If it is not cleared by Friday, chances are that the notification may come in the subsequent week.   The valuation method could be a mix of the Securities Exchange Board of Indias prescribed method for the valuation of listed shares and wealth tax rules applicable for unlisted shares for the valuation purposes, said Govardhan Purohit, executive director, PricewaterhouseCoopers.   The companies are awaiting the finance ministrys word in this regard.