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Startups using Esops to hire talent in a fix after CBDT proposal

Startups using Esops to hire talent in a fix after CBDT proposal

Friday, April 7, 2017, 10:58 PM

A section of the startup community is seeking clarity on taxation of employee stock option plans (Esops), after a recent CBDTproposal on exempting genuine equity investments from long-term capital gains tax didn't mention. The issue is particularly important for startups as they offer generous Esops to entice talent, especially in the early stages when they may not have financial resources to splurge on employees.
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