https://www.taxtmi.com/circulars?id=53802 Indian companies may issue employees' stock options and/or sweat equity shares to non-resident employees or directors, including those of a holding company, joint venture or wholly owned overseas subsidiaries, provided schemes comply with securities or company rules, issuances observe applicable sectoral caps, FIPB approval is obtained where the company is under the approval route or recipients are citizens of Bangladesh or Pakistan, and the issuing company files Form ESOP with the Reserve Bank within thirty days while furnishing prescribed certificates and valuation evidence. en-us Thu, 16 Jul 2015 00:00:00 +0530 Thu, 16 Jul 2015 17:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53802 Indian companies may issue employees' stock options and/or sweat equity shares to non-resident employees or directors, including those of a holding company, joint venture or wholly owned overseas subsidiaries, provided schemes comply with securities or company rules, issuances observe applicable sectoral caps, FIPB approval is obtained where the company is under the approval route or recipients are citizens of Bangladesh or Pakistan, and the issuing company files Form ESOP with the Reserve Bank within thirty days while furnishing prescribed certificates and valuation evidence. Circulars FEMA Thu, 16 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53802