https://www.taxtmi.com/acts?id=37906 Issue of employees' stock options, sweat equity shares and other share based employee benefits to persons resident outside India is permitted provided the scheme conforms to applicable regulatory requirements, issuances observe the sectoral cap, prior government approval is required where the company is under a foreign investment approval route and for issuance to certain foreign nationals, and options issued while resident in India that are later exercised by non residents must be held on a non repatriation basis. en-us Sat, 19 Oct 2019 16:10:33 +0530 Fri, 30 May 2025 10:54:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37906 Issue of employees' stock options, sweat equity shares and other share based employee benefits to persons resident outside India is permitted provided the scheme conforms to applicable regulatory requirements, issuances observe the sectoral cap, prior government approval is required where the company is under a foreign investment approval route and for issuance to certain foreign nationals, and options issued while resident in India that are later exercised by non residents must be held on a non repatriation basis. Act-Rules FEMA Sat, 19 Oct 2019 16:10:33 +0530 https://www.taxtmi.com/acts?id=37906