The Finance Bill 2020 states that the tax liability will be determined at the point of exercise of the ESOPsEcstasy and agony.

Those who tracked the budget as entrepreneurs or investors into startups vacillated between these emotions as the Union Budget 2020 speech progressed and the Finance Bill 2020 came out.

Until the Finance Bill 2020 was released.

Furthermore, the solution is a half-way measure between the status quo and what the industry wanted, i.e, taxation at the point of sale.

India can ill afford to have its tax policies be the Achilles Heel of Startup India. | To read full story, visit https://startuparound.com/read/1580643682.8401473/Union-Budget-2020:-Startup-2.0-Deferred-Once-Again?ref=audio_experience