These plans are popular among startups and mid-sized companies looking for alternative compensation strategies to attract and retain top talent without immediate cash outlays or equity dilution. Phantom Stock Plan (PSP) Employee Stock Option Plan (ESOP) Sweat Equity Shares
The last couple of months have been quite interesting in the startup ecosystem in India, given the legislative changes in the context of Section 56(2)(viib) of the Income Tax Act, 1961, or what we know as the ‘Angel Tax’ provision.
(Note: This post appeared first on NextBigWhat) [caption id= align=aligncenter width=582] Image Credit: makeinindia.com The Startup India Action Plan (the “Plan”) though not exactly a game changer, has been one of the flagship initiatives of the government of India, towards
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