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employee stock option plan

Income Tax Implications of ESOPs on Employees: A Comprehensive Guide

6 July 2024 by Adv Aditya Narayan
esop

Employee Stock Ownership Plans (ESOPs) were subject to fringe benefit tax. However, after the amendments introduced by the Finance Act of 2009, the taxability of ESOPs shifted to the employees. An Employee Stock Ownership Plan (ESOP) is a valuable employee …

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Tax Implications of ESOPs under Income Tax Act 1961

16 March 202416 March 2024 by Adv Aditya Narayan
esop

As per the amendments under budget 2020 from FY 2020-21 onwards, when an employee receives ESOPs from an eligible startup, they need not pay tax in the year of exercising the option. Employee Stock Option Plans (ESOPs) are a fantastic …

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