Employees of only 3,604 start-ups are eligible for tax relief on ESOPs: Will Budget 2025 extend this relief to all start-ups, unlisted companies?

ESOP taxation rule in Budget 2025: The Budget 2020 has amended the taxation rules for ESOPs which provided tax relief to employees. However, this tax relief currently applies to employees of 3,604 start-ups in the country. There is a need to amend the current taxation rules so that more employees can be eligible for tax relief on ESOPs.

from Tax-Wealth-Economic Times https://ift.tt/LrJcmeX