The government on Friday sought feedback from startups on taxing employee stock options ( ESOPs ), for which rules were eased in the Budget, but indicated it will not allow companies set up before 2016 to be considered as startups.

At the same time, they maintained that the finance ministry could not keep advancing the date for an entity to be classified as a startup.

During the first of its kind post-Budget interaction, organised by NITI Aayog, Sitharaman offered further support, if needed.

She said the finance ministry will provide details of the scheme soon.

"In a day or two, we shall be coming with a clear non-paper because Parliament is yet to pass it," she said. | To read full story, visit https://startuparound.com/read/1581751805.2919543/Finance-minister-asks-startups-for-feedback-on-taxing-ESOPs?ref=audio_experience