Tax implication with sell of ESOP shares of Canadian MNC

[Himanshu Agrawal]

I am an Indian resident and work for a Canadian MNC, and each month I get some shares of company. Now I want to sell those shares and total value might be above 10 lakhs. I want to understand the tax implication and is there any way I can save tax?

[MK Consultancy]

At MK consultancy Wealth Planning we take a personal interest in creating, managing, and protecting your wealth. We invest in getting to know what really matters to you – both today and into the future.

We can help you with the tax and accountancy aspects of your personal or corporate business and make the task of maximising your wealth as simple as possible. The success of our clients is our main priority, we can only grow and prosper as they do.

AI Summary

Canadian Multinational Employee in India Seeks Tax Advice on Selling Company Shares Over 10 Lakhs for Wealth Maximization An individual working for a Canadian multinational corporation in India receives company shares monthly and plans to sell them, potentially exceeding a value of 10 lakhs. They seek advice on the tax implications and possible tax-saving strategies. MK Consultancy responded, emphasizing their commitment to personal wealth management and offering assistance with tax and accountancy matters to maximize the individual's wealth.