Budget 2024: Will the government revise taxes on employee stock ownership plans? Here's what experts say

Budget 2024: Will the government revise taxes on employee stock ownership plans? Here's what experts say

Although Union Finance Minister Nirmala Sitharaman will be presenting the Interim Budget ahead of the scheduled Lok Sabha elections in May, startups and experts feel that the government should offer clarity on ESOP taxation to benefit start-up employees. ESOPs (Employee Stock Ownership Plans) are employee incentives that companies use to attract, reward, and retain talent. … Read more