Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can Non Resident Indians ( NRIs ) and Persons of Indian Origin ( PIO ) participate in ESOP?

0
Posted

Can Non Resident Indians ( NRIs ) and Persons of Indian Origin ( PIO ) participate in ESOP?

0

Yes, NRIs and PIO can participate in ESOP. Can NRIs repatriate the proceeds of shares acquired through ESOP. Yes, NRIs can repatriate the proceeds if the payment was done using foreign currency or from a NRE Bank Account.

Related Questions

Thanksgiving questions

*Sadly, we had to bring back ads too. Hopefully more targeted.