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Decoding Budget 2020: Will the ESOP tax boost actually help startups?
In India, the conversation for some time now has been around the tax burden ESOPs cause to employees and the complex legalities surrounding them.
In her Budget 2020 speech, the finance minister said that during their formative years, startups generally use ESOPs to attract and retain highly talented employees.
The ecosystem feels the ESOP boost is a big first step, but that there’s still a long way to go.
The reforms on tax on ESOPs will help attract and retain good talent.”However, taxation on ESOPs isn’t that simple.
The company can create a depository to show the employee has ESOPs and is a part of the system. | To read full story, visit https://startuparound.com/read/1580776206.6925006/Decoding-Budget-2020:-Will-the-ESOP-tax-boost-actually-help-startups??ref=audio_experience
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By Startup AroundIn India, the conversation for some time now has been around the tax burden ESOPs cause to employees and the complex legalities surrounding them.
In her Budget 2020 speech, the finance minister said that during their formative years, startups generally use ESOPs to attract and retain highly talented employees.
The ecosystem feels the ESOP boost is a big first step, but that there’s still a long way to go.
The reforms on tax on ESOPs will help attract and retain good talent.”However, taxation on ESOPs isn’t that simple.
The company can create a depository to show the employee has ESOPs and is a part of the system. | To read full story, visit https://startuparound.com/read/1580776206.6925006/Decoding-Budget-2020:-Will-the-ESOP-tax-boost-actually-help-startups??ref=audio_experience