
Why MNC employees with ESOPs are on taxman's radar
Why Not Mint Money
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The Importance of Stock Options in the MNC Sector
Employees may be penalized up to an amount of 10 lakh rupees per year. The department can go for prosecution under the Black Money Act as are for non-payment of pay-by-tax on these overseas income. If you would like to know more about this topic, or make a suggestion of a personal finance topic that you would like us to cover, I can be reached at Twitter under the username of Shabra Singh Sarath and on LinkedIn at shabra.sarath@instrust.com.
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