Description
India taxes ESOPs, ie employees stock options, harshly, very harshly. Let me give you a quick history lesson.
When I founded TV18 in the early 90s, we had given generous stock options to our critical team members. In that sense, we belonged to a clutch of ESOP pioneers in India. And since we were leaders in business news, we also drilled hard into issues around entrepreneurship, taxation and union budgets.
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The Democratic National Convention (DNC) nominated Joe Biden and Kamala Harris for the November elections in a uniquely spectacular manner. The fact that it was a COVID-induced ‘virtual event’ was perhaps the least of it.
But the parade of Republican heavyweights at a Democratic convention was...
Published 08/24/20
It’s a familiar cacophony. Cut taxes. Invert the inverted duty structure. Control the fiscal deficit. Be honest about your arithmetic. Abolish equity taxes. Step up government expenditure, the fisc be damned. Bring back investment allowance. Slap inheritance taxes... And on it goes, a laundry...
Published 01/29/20