News & Media 9th Jan 2024

Employees will need to pay tax when they exercise the options and purchase the shares

Authors

Rahul Charkha Partner | Pune

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#PriyamvadaC & Ranjani Raghavan from LiveMint writes on the “Firstcry, Ola Electric IPOs to build a club of super-rich” with expert comments from our Partner Rahul Charkha. As per an analysis of their draft red herring prospectus(DRHP), Ola Electric & Firstcry stand to make a windfall in their companies’ upcoming public listing.

Rahul says, “Employees will need to pay tax when they exercise the options and purchase the shares

For further information, read the article here