Re: Taxation of Esop

Devendra Sharma (Associate) (38 Points)

02 November 2007  
The objective of central govt. guidelines issued in the year 2001 was to exempt the esop from being charged as perquisites in the hands of employee. As the provisions by fincance act 2007 which says that esop not to be charged as perquisites in the hands of employee and employer to pay FBT on esop. Does it mean that now it is not mandatory to comply with the guidelines..?