Employee Stock Options or ESOPs, as they are commonly referred to, have evolved to become a first choice for every organisation to reward employees for their loyalty and performance. What was once a novel instrument of employee compensation, has now become a household name that everyone is familiar with.
If you are an employee who (i) has been issued ESOPs (ii) has exercised them (iii) has monetised them for the value, and are curious to comprehend your taxation and reporting obligations in Income tax return (ITR), then this webinar is designed just for you.
During the course of the webinar, we will attempt to answer your questions on ESOP taxability, including but not limited to:
- When should I pay taxes for ESOPs granted and on what value?
- What are the implications if I am a resident employee and ESOPs are issued by the group entity domiciled outside India?
- Are there any changes in taxability if I am employed with a recognised startup?
- How does taxability differ if I was a non-resident when ESOPs were issued, and I became a resident when exercising?
- What are my obligations on sale of shares received from my employer in India?
- What are my obligations in India if I sell shares of a non-resident entity received under ESOP?
- How is my taxability impacted if I have been employed both in India and abroad, any ESOPs are granted for both service periods?
- What are my reporting obligations in India in respect of shares received under ESOP?
- What consequences befall on me for failure to carry out required reporting?
- What are my defences if I am faced with litigation for such failure?
Speakers -
B. Venkat Ramanan, Associate Director
Bharathi Krishnaprasad, Associate Director