Tax on Equity Shares of a US Based company for citizen of India

I am an employee of Vibe Labs (a US company), and i live in india. The company will issue me shares. which will vest over a defined period of time based on my engagement with Vibe.  

is there any personal tax in India associated with receiving the shares?

Please let me know

Thanks!!

Replies (4)
Quick Summary
This discussion addresses the personal income tax in India for an Indian resident employee of a US-based company who is receiving equity shares. The key point highlighted is that taxation is determined by residential status, not citizenship. Therefore, an individual residing in India will be subject to Indian tax laws on these shares, regardless of the company's US base.

REFER::   tax/taxation-on-esops

&/OR

                   esops-taxation-in-the-hands-of-employee

 

Taxation is based on residential status not citizenship. 

If you are posted in USA, check your residential status. 

I am resident of India

Originally posted by : CA Susheel Gupta
Taxation is based on residential status not citizenship. 

If you are posted in USA, check your residential status. 

I am Resident of India

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register