Author: Ankit Baid, Research Analyst at Affluence Advisory On July 29–30, more than 140 executives tied to Eternal — the parent of Zomato and Blinkit
Employee Stock Option Plans (ESOPs) have become a key tool for Indian companies to attract, retain and motivate talent. But while they promise wealth creation
WHAT IS ESOP? “Employee Stock Ownership Plan” commonly known as ESOP is an employee benefit plan that grants employees an ownership stake in the company.
In a significant move aimed at fostering the growth of India’s startup ecosystem and aligning the interests of founders with their companies, the Securities and
Income-tax Act, 1961 permitting deferral of the timing of TDS deduction on ESOP prerequisite from the employees. Section 192(1C) allowed an “eligible start-up” as referred
