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!!
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Tax on Equity Shares of a US Based company for citizen of India
Replies (4)
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 | ||
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Taxation is based on residential status not citizenship. If you are posted in USA, check your residential status. |
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I am Resident of India
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