While the ESOPs are beneficial for the employees, the benefits are yet to come on par with the conventional capital gains from the market
When employees of startups or unlisted companies receive shares via ESOPs, they have to pay taxes on two occasions: once when they exercise the option (i.e buy the shares) and when they sell them
The key demand from industry is that tax on ESOPs should be deferred until employees sell their shares, rather than being levied at the time of exercise
In November 2024, foodtech major