Esop
Recent Highlights
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Budget 2020: Startup sector needs relevant reforms, right support and opportunities to play crucial role in India's growth
Meena Ganesh •To reduce startup 'infant mortality' and encourage angel investments, risk-taking, creation of jobs, it is hoped the government will allow for tax exemption for amounts invested in accredited startups.
ICICI Bank-Videocon loan case: Chanda Kochhar plans legal battle to challenge ouster, bonus retrieval
Fp Staff •Chanda Kochhar reportedly shot a legal letter to the private lender, objecting to the way her resignation was treated as termination, denying to return the money she got as bonuses and stock options.
Jet Airways bailout plan: Employees' consortium to bid for cash-strapped airline; seeks to raise Rs 3,000 cr from outside investors
•This is the first time that employees have come together with a proposal to run the more than 25-year-old Jet Airways
RBI proposal to revamp bank CEO compensation: Companies Act should take a leaf out of central bank’s gesture
Muralidharan •In other words, since the public sector bank honcho salary is abysmally low, what the RBI is doing according to critics is reducing the salary of foreign and private banks.
Bank of Baroda board to consider allotment of shares to staff next week under employee stock purchase scheme
•Bank of Baroda (BoB) on Thursday said its board will meet next week to consider allotment of fresh shares under the employee stock purchase scheme.
Bharti Airtel’s Sunil Mittal takes home over Rs 30 crore in annual pay in FY17
•Sunil Mittal received salary and allowances of Rs20.13 crore, while the performance-linked incentive stood at Rs9 crore during FY17
Income Tax Act amended: IPOs, bonus issue, share gifts exempted from capital gains tax
•Inter-se transfer of equity shares between promoter group companies will not enjoy the exemption
Pay panel says CPSEs should give 10-25% of performance related pay as ESOPs to staff to retain talent
•If the recommendations are approved by the government, the minimum monthly salary of below board-level executives will increase to Rs 30,000 from Rs 12,600
SpiceJet now offers high-end cars worth Rs 25 lakh as perks for staff
Fp Staff •Spicejet is offering its senior and middle level staff high-end cars worth Rs 25 lakh as a retention measure. If they stay for 4 years or more with the company, they even get to keep the car.
In push for ease of doing business, panel suggests 100 amendments to Companies Act
Fp Archives •