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About 4 results for "esop direct"

ESOPs, M&As out of capital gains tax net
Rediff.com

ESOPs, M&As out of capital gains tax net

The regulations will only apply to the share purchases that have been done after October 1, 2004 The Central Board of Direct Taxes (CBDT) has provided relief for genuine transactions through which shares were acquired without paying the securities transaction tax (STT). According to final regulations released on Tuesday, the board provided exemptions for employee stock options (ESOPs) and duly approved mergers and acquisitions (M&As). It also kept shares acquired under the foreign direct ... Rediff.com, 2 weeks ago

Equity investments through IPOs to be exempt from long-term capital gains

Genuine equity investments through IPOs, bonus or right issue by a listed company will be exempted from long-term capital gains tax, even if no security transaction tax (STT) was paid on the transfers, the income tax (I-T) department said on Tuesday. It has ...
 The Financial Chronicle2 weeks ago

Snapdeal gets Rs 113 cr from Nexus, founders

Online retailer Snapdeal, which is likely to be merged with Flipkart, on Monday said that it has received a fund infusion of Rs 113.3 crore (about $17 million) from existing investor Nexus Venture Partners and co-founders Kunal Bahl and Rohit Bansal. In a ...
 Deccan Herald3 weeks ago
Rediff.com

Govt softens capital gains tax blow

‘Genuine’ share transfer gets relief; CBDT lists three scenarios where tax would be levied Providing relief to genuine transactions where the securities transaction tax (STT) was not paid at the time of purchase of shares, the government on Monday proposed to keep these out of the purview of the capital gains tax, introduced in the Finance Act, 2017. The Central Board of Direct Taxes (CBDT) has proposed three scenarios where the capital gains tax would be levied and has kept other ...
 Rediff.com2 months ago
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