https://www.taxtmi.com/acts?id=37906 Indian companies may issue employees' stock options, sweat equity shares and share-based employee benefits to specified non-resident employees and directors under schemes compliant with applicable securities, company-law or other legal requirements. Issuances must comply with the applicable sectoral cap. Prior government approval is required where foreign investment is under the approval route and for issuance to citizens of Bangladesh or Pakistan. Options issued while an individual was resident in India, if exercised after becoming non-resident, result in shares held on a non-repatriation basis. en-us Sat, 19 Oct 2019 16:10:33 +0530 Mon, 31 Aug 2026 18:17:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37906 Indian companies may issue employees' stock options, sweat equity shares and share-based employee benefits to specified non-resident employees and directors under schemes compliant with applicable securities, company-law or other legal requirements. Issuances must comply with the applicable sectoral cap. Prior government approval is required where foreign investment is under the approval route and for issuance to citizens of Bangladesh or Pakistan. Options issued while an individual was resident in India, if exercised after becoming non-resident, result in shares held on a non-repatriation basis. Act-Rules FEMA Sat, 19 Oct 2019 16:10:33 +0530 https://www.taxtmi.com/acts?id=37906