Underfringe n. : A lower fringe; a fringe underneath something.

Example:


Taxonomy
ESOPs, fringe benefit tax, surprise, Hindu Business Line, Budget, FBT, Arun Jain, Hindu Group, Group Sites, initiatives, education, Hindu, India, verticals, driven business, infrastructure projects, ePaper, Business Daily.

Defination from the web:
under fringe benefit tax (FBT) has come as a surprise, according to Mr Arun Jain, ... `ESOPs under fringe benefit tax a surprise' Industry welcomes thrust on education; winces at MAT, stock options under FBT. Budget fails to ...