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Gajendra Arvind

Category : Taxabili..,

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April 29, 2019 10:59 pm

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Taxability of Foreign ESOPS

I am an Indian Resident, salaried employee, holding shares of company (that I am currently working in) listed in US Markets. At the time of selling the shares, what is the taxation rate that is applicable on the capital gains of such listed shares held outside India? Is the duration of the STCG and ...

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Amlan Dutta

You are referring to taxability of employee stock options for foreign stocks . Sale of shares of a foreign company by an Indian Individual who is resident in India during the particular year, amounts to "Transfer" of "Capital Asset" and is taxable as per the provisions of Section 45 of the Income Ta...

April 30, 2019

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Gajendra Arvind

Hi Amlan, in the above response you had mentioned for Unlisted and Foreign Shares under LTCG 'Gains will be treated as long-term if shares are held for more than 24 months. Tax will be levied @ 20% with indexation benefit and @10% without indexation benefit.' Does indexation benefit apply for shares...

April 30, 2019

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Amlan Dutta

You are referring to taxability of employee stock options for foreign stocks . Sale of shares of a foreign company by an Indian Individual who is resident in India during the particular year, amounts to "Transfer" of "Capital Asset" and is taxable as per the provisions of Section 45 of the Income Ta...

April 30, 2019

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Gajendra Arvind

Thank you very much for the detailed response.

April 30, 2019

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