Tag: esop
Swiggy’s IPO to unlock ₹9,000 crore in ESOP wealth for 5,000 employees: Report
The Swiggy IPO will unlock ₹9,000 crore worth of employee stock option plans (ESOPs), turning nearly 500 of its employees into ‘crorepatis’ after its listing…
Esop: Big LTCG gains for startups staff holding Esop in secondary deals
The reduction in long-term capital gains (LTCG) tax on unlisted securities to 12.5% from 20% could benefit startup staffers holding employee stock option plans (Esop),…
ESOP taxation relief in Budget 2024: Govt may consider deferring tax to point of sale
Employee Stock Option Plans (ESOPs) have long been used as a compensation tool by companies to motivate employees by providing a sense of ownership and…
parliamentary standing committee on commerce: Parliamentary panel eases criteria for recognised startups to avail tax benefits
A parliamentary panel on Thursday recommended relaxation in criteria for eligible startups to claim benefits under income tax law as only 1% of recognised entrepreneurs…
paytm: Paytm targeting free cash flow by year-end: CEO Vijay Shekhar Sharma
One 97 Communications, the parent of Paytm, is aiming to generate free cash flow by the end of this year, chief executive Vijay Shekhar Sharma…
flipkart: PhonePe Esop buyback: Flipkart makes $700 million payout to employees
Employees of ecommerce major Flipkart will receive payments from a $700 million employee stock option (Esop) buyback today. CEO Kalyan Krishnamurthy informed the eligible employees…
Tredence ESOPs: Data analytics firm Tredence announces second Esop buyback worth $30 million
Data analytics company Tredence on Thursday announced its second employee stock ownership plan (ESOP) buyback programme worth $30 million (Rs 240 crore), two months after…
tax holiday: Budget 2023: extended tax holiday will apply to less than 1% Indian startups, say experts
The budget has proposed to extend tax holiday offered to startups under the Startup India scheme, but industry representatives said the measures will apply to…
Flipkart Esop: Flipkart Esop Sale: Big payday for PhonePe founders Sameer Nigam, Rahul Chari
The cofounders of PhonePe, Sameer Nigam and Rahul Chari, are expected to receive individual cash payouts of $20-25 million by completely liquidating their stock options…