ICICI’s clarification on ‘payments’ to Sebi chief raises more questions: Congress

Congress has raised concerns over ICICI Bank’s retiral benefits to Madhabi Puri Buch, questioning how these could exceed her average salary during employment. They also allege non-compliance with Income Tax laws regarding TDS on ESOPs. ICICI Bank asserts that all payments followed ESOP rules and tax regulations, including post-retirement benefits.

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