https://www.taxtmi.com/acts?id=49786 The provision limits the Employees Stock Option Plan exemption to plans offered in accordance with Central Government guidelines, substitutes Global Depository Receipts for shares in the relevant clause, and expands non-taxable transfers to include succession transfers from a firm to a company and transfers arising from corporatisation of a recognised stock exchange, with the proviso extended to associations of persons and requiring regulator-approved corporatisation schemes. en-us Tue, 25 Feb 2025 12:06:20 +0530 Tue, 25 Feb 2025 12:06:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49786 The provision limits the Employees Stock Option Plan exemption to plans offered in accordance with Central Government guidelines, substitutes Global Depository Receipts for shares in the relevant clause, and expands non-taxable transfers to include succession transfers from a firm to a company and transfers arising from corporatisation of a recognised stock exchange, with the proviso extended to associations of persons and requiring regulator-approved corporatisation schemes. Act-Rules F. Acts / Amendment Acts Tue, 25 Feb 2025 12:06:20 +0530 https://www.taxtmi.com/acts?id=49786