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Apple CEO Tim Cook steps down; HCLTech Q4 reportAfter 15 years at the helm of Apple, Tim Cook will step down to make way for insider John Ternus. This and more in today's ETtech Top 5.- Winzo completes fourth Esop buybackThe Esop buyback is part of WinZO’s efforts to attract and retain top technology and product talent amid challenges in the gaming industry.
- Swiggy’s pre-IPO Esop sale; GST & ride-hailing appsFood delivery company Swiggy will buy back Esops worth $65 million, its fifth such exercise. This and more on today’s ETtech Top 5.
- ESOPs exempt from GST, barring where foreign companies charge additional amountThe Central Board of Indirect Taxes and Customs (CBIC) clarified that multinational companies offering Employee Stock Purchase Plans (ESPPs...
- GST Council likely to consider a review of 28% tax on online gaming at June 22 meetingThe council may also take up recommendation of the fitment committee on inverted duty structure of 15 items, officials aware of the matter ...
- WTC Mumbai submits memorandum for GST issue redressalThis memorandum highlights the emerging challenges or concerns of the industry and suggests suitable recommendations to address these chall...
- Indian units of foreign cos under GST scanner over ESOPsIndian subsidiaries of foreign companies, particularly in the technology sector, are facing GST scrutiny over issues with employee stock op...
- How Budget 2022 can supercharge startups & small businesses? Meesho’s Vidit Aatrey explains“In the offline world, if one does not have GST, one is allowed to sell, but not in the online world. I really feel that this is one of the...
- Digital coins issued by Indian exchanges to employees to face income tax complicationsMany exchanges have rolled out their own tokens and offered these as part of their employees' annual income—along the lines of employee sto...
- Budget 2021 Expectations: What Startups WantUnion Budget 2021 will be like none other, Finance Minister Nirmala Sitharaman has promised. What does that mean for startups? A look at so...
- Startup fraternity lauds ESOP changes & investment clearance cell, some find it lacklusterAccording to Geetika Dayal, Executive Director, TIE Delhi-NCR, the startup community had been waiting with bated breath to receive some rel...
- What I want from Budget 2020: Reduction in import duty on gold; single-window process to simplify approvals for new businessesMelorra boss Saroja Yeramilli wants the FM to extend exemption from Capital Gain to the gems and jewellery sector.
- Kunal Bahl wants FM Sitharaman to give tax benefits to ESOPs, says it will be a game-changerSnapdeal CEO's two ideas will make startup and angel ecosystem healthy.
- Govt may provide tax incentives for startups in BudgetStartup India initiative of the government aims at fostering entrepreneurship and promoting innovation by creating an ecosystem that is con...
- Startups make a wishlist to FinMin for next yearIn a letter to finance minister Nirmala Sitharaman, community platform LocalCircles, which counts 35,000 startups, MSMEs and entrepreneurs ...
- Startups seek clarity on key tax issuesThe companies raised these issues during a recent meeting with finance minister Nirmala Sitharaman and senior tax officials, according to a...
- Govt plans fresh set of tax sops for startups in budgetThe department for promotion of industry and internal trade (DPIIT) and the revenue department have discussed a package of tax sops in the ...
- ESOPs should be taxed only when benefits are realised: ReportCompanies offer stocks to their employees by way of Employee Stock Option Plans (ESOPs).
- It's another bumper year for ESOP holders at ITCIn five years, more than 30 crore shares have been added to ITC's total equity.
- Govt to correct inverted duty structure: Rev secyBudget making is an on-going exercise, it should not be viewed as standalone exercise, he said.
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