https://www.taxtmi.com/acts?id=2070 Grants of employees' stock options and sweat equity to non-resident employees or directors are permitted only if the scheme conforms to SEBI or Companies rules, the issuance adheres to the applicable sectoral foreign investment cap, prior government approval is obtained where the company falls under the approval route or where recipients are citizens of specified neighbouring countries, and the Reserve Bank may require periodic reporting by the issuing company. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 21 Jun 2025 09:57:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2070 Grants of employees' stock options and sweat equity to non-resident employees or directors are permitted only if the scheme conforms to SEBI or Companies rules, the issuance adheres to the applicable sectoral foreign investment cap, prior government approval is obtained where the company falls under the approval route or where recipients are citizens of specified neighbouring countries, and the Reserve Bank may require periodic reporting by the issuing company. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2070