The 2020 tax deferment policy for ESOPs aims to address immediate tax liabilities and financial strain on startups. Despite its potential, applicability is limited to only 3,605 IMB-certified startups. NASSCOM recommends expanding eligibility to all DPIIT-recognized startups to attract talent and reduce employee attrition.
Related Posts
Use of AI: MeitY readies voluntary ethics code for artificial intelligence firms
India’s Ministry of Electronics and Information Technology is developing voluntary ethical guidelines for organizations involved in artificial intelligence and generative AI. Expected to be released […]
Worth Rs 27,142 crore sold stocks by foreign investors in just 3 trading session in October: NSDL
Since early October, Indian stock markets have faced significant selling pressure as Foreign Portfolio Investors (FPIs) withdrew Rs 27,142 crore. The largest sell-off was on […]
Neelkanth Realtors files draft papers with Sebi to mop up funds via IPO
Neelkanth Realtors, a Mumbai-based real estate developer, files draft papers with Sebi for an IPO to raise funds through the issuance of 1.35 crore equity […]