https://www.taxtmi.com/notifications?id=117937 The substituted Regulation 8 permits an Indian company to issue employees' stock options and/or sweat equity shares to non-resident directors or employees of the company, its holding company, joint venture or wholly owned overseas subsidiaries provided the scheme complies with applicable securities or companies rules, issuances to non-residents conform to the sectoral foreign investment cap, issuances in companies under the approval route require prior foreign investment approval, issuances to certain foreign nationals require prior approval, and the Reserve Bank may mandate reporting by the issuing company. en-us Thu, 11 Jun 2015 00:00:00 +0530 Mon, 06 Jul 2015 15:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=117937 The substituted Regulation 8 permits an Indian company to issue employees' stock options and/or sweat equity shares to non-resident directors or employees of the company, its holding company, joint venture or wholly owned overseas subsidiaries provided the scheme complies with applicable securities or companies rules, issuances to non-residents conform to the sectoral foreign investment cap, issuances in companies under the approval route require prior foreign investment approval, issuances to certain foreign nationals require prior approval, and the Reserve Bank may mandate reporting by the issuing company. Notifications FEMA Thu, 11 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/notifications?id=117937