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ESOP Long term taxation
by Anjali Murthy on Aug 17, 2005 02:52 PM

Hi,

As per your article it is clear that a person selling his ESOP, shares of which are listed abroad should pay only 20% as long term capital gain tax. Is there any more stipulations around this? Do I need to buy the shares by paying money and then sell it to get taxed only @20%? What is all that I need to do to get taxed @20%, not @ 33%.Please provide me comprehensive details around this.

Anjali

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Will my ESOP be taxed?