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Flipkart ESOP ruling flags capital-gains treatment for unexercised-option buybacks

ITAT ruled that Flipkart’s repurchase of an employee’s vested but unexercised ESOPs can be taxed as long-term capital gains rather than salary, potentially lowering tax costs for structured option-cancellation liquidity programmes.

Newer report on another story , , The Hindu BusinessLine : Flipkart pilots Eat food delivery in Bengaluru and launches standalone Minutes app

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07:30 IST · 10 moves · what each means · free

Reported figures

From the report. Source details below

  • 2,653 vested unexercised ESOPs

Other figures

  • 12.5% LTCG tax
  • over 30% salary slab tax
  • ₹100 exercise price
  • ₹500 share value

The source

Source Read the source at Mint Published

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