sweat equity

Startup And Sweat Equity Shares

Income Tax - Startup: Startup India is a flagship initiative of the Government of India, intended to build a strong ecosystem that is conducive for the growth of startup businesses, to drive sustainable economic growth and generate large scale employment opportunities. Who can be registered as Startup? Private Limited Company Registered Partnership Fi...

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Changing Perspective of Sweat Equity Shares

Income Tax - Beyond the accounting sheet, employees are the asset of the organisation and like any asset, your people need to be invested in. Companies offers various benefits to the workers who offer their valuable expertise in the organisation. There is a way of EQUITY COMPENSATION for the employees who give their hard work and perspire for [&hellip...

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Treatment of SWEAT Equity Shares under Income Tax Act, 1961

Income Tax - Sweat Equity Shares are Shares or Specified Securities issued at discount or for consideration other than cash to employees or directors of the company as reward their hard work or for their value addition in the progress of the company . These are generally issue in lieu of value additions and against providing Intellectual Property R...

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Sweat Equity Shares

Income Tax - Section 53 of the Companies Act, 2013 prescribes that Company shall not issue shares on discount. Any shares issued by the Company at a discount shall be void. However, there are certain circumstances where Company can issue shares at a discount: ♦ Issue of Sweat Equity Shares ♦ Issue of shares to the Creditors when […]...

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Checklist for issue of Sweat Equity Shares under Companies Act, 2013

Income Tax - Issue of Sweat Equity Shares In the current scenario, an employee is the key of the success of every organization and every employee deserve to be compensated for the efforts made by them to make the organization successful in the competitive market and the issue of Sweat Equity shares is the best way to compensate […]...

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The costly ambiguity surrounding FBT on ESOPs

Income Tax - How is the FBT to be valued? And when is the tax payable? The fringe benefit is to be valued at the fair market value (FMV) of the security or sweat equity share on the date of vesting of the option minus any amount paid by / recovered from the employee for such security or shares. The FMV is to be determined a s per the method to be pre...

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Notification on Valuation of ESOP for FBT

264/2007 - (23/10/2007) - NOTIFICATION NO. 264/2007, DATED 23-10-2007 Valuation of specified security or sweat equity share being a share in the company. 40C. (1) For the purposes of clause (ba) of sub-section (1) of section 115WC, the fair market value of any specified security or sweat equity share, being an equity share i...

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Extension of Due Date of Payment of The First and Second Installment of Advance FBT on ESOPS

EXTENSION OF DUE DATE OF PAYMENT OF THE FIRST AND SECOND INSTALLMENT OF ADVANCE FBT ON ESOPS - (12/09/2007) - By virtue of the provision of clause (d) of sub-section (1) section 115 WB, introduced by Finance Act, 2007, an employer is liable to pay Fringe Benefit Tax on any consideration for employment provided by way of any specified security or sweat equity shares allotted or transferred, directly or indir...

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Recent Posts in "sweat equity"

Startup And Sweat Equity Shares

Startup: Startup India is a flagship initiative of the Government of India, intended to build a strong ecosystem that is conducive for the growth of startup businesses, to drive sustainable economic growth and generate large scale employment opportunities. Who can be registered as Startup? Private Limited Company Registered Partnership Fi...

Read More
Posted Under: Company Law |

Changing Perspective of Sweat Equity Shares

Beyond the accounting sheet, employees are the asset of the organisation and like any asset, your people need to be invested in. Companies offers various benefits to the workers who offer their valuable expertise in the organisation. There is a way of EQUITY COMPENSATION for the employees who give their hard work and perspire for [&hellip...

Read More
Posted Under: Company Law |

Treatment of SWEAT Equity Shares under Income Tax Act, 1961

Sweat Equity Shares are Shares or Specified Securities issued at discount or for consideration other than cash to employees or directors of the company as reward their hard work or for their value addition in the progress of the company . These are generally issue in lieu of value additions and against providing Intellectual Property R...

Read More
Posted Under: Company Law |

Sweat Equity Shares

Section 53 of the Companies Act, 2013 prescribes that Company shall not issue shares on discount. Any shares issued by the Company at a discount shall be void. However, there are certain circumstances where Company can issue shares at a discount: ♦ Issue of Sweat Equity Shares ♦ Issue of shares to the Creditors when […]...

Read More
Posted Under: Company Law |

Checklist for issue of Sweat Equity Shares under Companies Act, 2013

Issue of Sweat Equity Shares In the current scenario, an employee is the key of the success of every organization and every employee deserve to be compensated for the efforts made by them to make the organization successful in the competitive market and the issue of Sweat Equity shares is the best way to compensate […]...

Read More
Posted Under: Company Law |

Sweat Equity Shares (For other than listed Companies)

Defining Sweat Equity Shares as per Companies Act, 2013 As per Sub-section (88) of section 2: Sweat Equity Shares means equity shares issued by a company to its director or employee at discount or for consideration other than cash, for providing know-how or making available like intellectual property rights or value addition. Eligibility ...

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Posted Under: Company Law |

Issuance of Equity Shares Through Sweat Equity

Article explains What is sweat equity shares under Companies Act, 2013, Definition of Sweat Equity Shares, Conditions for  issuance of sweat equity shares, Important Points while issuing Sweat Equity Shares, Disclosures to be made in board of directors report of the year in which sweat equity shares are issued and Provisions and procedur...

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Posted Under: Company Law |

Issue of Sweat Equity Shares

What are Sweat Equity Shares? ‘Sweat equity shares’ are such equity shares, which are issued by a Company to its directors or employees at a discount or for consideration, other than cash, for providing their know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name ...

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Posted Under: Company Law |

Tax Benefit-Equity Linked Saving Scheme (ELSS), why to invest?

The advantage with ELSS compared to the Ulips is the frequency (mostly a single or a monthly investment for a year) and term for investment, for getting good returns....

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Posted Under: Company Law |

IPL – Sweat Equity Share Issue – recognition of intellect as means to capital contribution in Corporates – IP audit in offing!

Indian Premier League (IPL) and cricket have generated public interest on the subject, `sweat equity ‘shares issue. Survey reveals, very few people have clear idea on the procedure of issue of sweat equity shares. What caused hue and cry is the subject of surrender of sweat equity shares issued to Sunanda Pushkar( `PUSHKAR’) in Rende...

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Posted Under: Company Law |

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