Indian multinationals such as Infosys and Wipro are known for granting ESOPs (employee stock ownership plans) to their employees. If you work at any of their overseas offices, the taxation of your ESOPs will depend on the tax rules of India, the country where these companies are based, and of the country where you reside.
In order to address the cashflow issue faced by the employees, it may be better to shift the tax incidence to the time of sale only instead of two stages as at present - perquisite taxation and capital gains taxation.
Union Budget 2021 will be like none other, Finance Minister Nirmala Sitharaman has promised. What does that mean for startups? A look at some of their budget expectations.