Yes. Infosys gives RSU’s. I got it in JL5 & 6

If I may ask, did u negotiate during your hike conversation or you got it as retention bonus of sorts?

Founder

Program Manager

I don’t remember, they are now giving out PSU’s instead of RSU’s

Same as above. Thanks. Ref : https://www.reddit.com/r/IndianStockMarket/comments/1fr0jo0/shouldiholdontosharesconvertedthrursus/

Welcome to Salary Discussion's Private Community

Same as above. Thanks. Ref : https://www.reddit.com/r/IndianStockMarket/comments/1fr0jo0/should_i_hold_onto_shares_converted_thru_rsus/

Does Infosys give rsu? Which job level? Value of the rsu?

Does Infosys give rsu? Which job level? Value of the rsu?- Grapevine

Welcome to Software Engineers's Private Community

I have doubt regarding RSU’s in freshworks.
I got new hire RSU. Are they giving refresher stocks on every year?
Can anyone confirm this.

Stocks(RSU) in Freshworks

Software Developer

Welcome to Business Roles's Private Community

I have more than 3.5+ years of experience, in growth and marketing. The role is Growth and marketing manager.

Do publicly listed Indian companies offer stock/RSU for new employees. If so, how much should the ratio of stocks to the salary be?

Marketing Manager

Welcome to Personal Finance's Private Community

If a person is an employee of faang in india and has 1 RSU allotted to him, then he can make money in two ways:

1) He can hold that RSU. If the value of the company RSU increases (capital gains) and INR depreciates against the dollar, then later on when he sells it he would make money.

2) Another way is to sell the RSU right now and invest the money in Indian market. Then the money that he'll earn will be proportional to his portfolio performance(capital gains)


Which one of the two seems to be a better way to create wealth?

Let me know your thoughts.

RSU hold or invest in India market?

Software Engineer

Can someone throw light on RSUs(US based) taxation in India
1. How are taxes deducted? 
2. Does the taxes gets deducted in India as well as the US?
3. What is the right approach to pay these taxes? using shares or by salary if falling in 30% + surcharge bracket.
4. I salary is 85 lakhs and RSUs vesting per year is 50 lakhs..Then what would be taxable income?

Inputs are highly appreciated.

RSUs taxation in India

Welcome to Indian Startups's Private Community

Truths about ESOP 101 

After working in multiple fast growth startup’s and having been part of multiple buybacks as well as being in the startup ecosystem for a decade I want to put to bear my pov about creating wealth through ESOP. 

Like any other randomised event, ESOP also follows Pareto principle which means a very small number of people within the company ever make sizable wealth that they elevate to the top 0.1% of the country. 

The Pareto also applies with companies; significantly small minority of companies in India have employee friendly policies which enables an employee to create wealth. 

Most startup’s have dark patterns within their esop policy which either locks you in for insufferable durations or forces you to pay exorbitant taxes to gain the right to exercise your esops when you are leaving the company. 

Survivorship bias plays a huge role in enabling the narrative that esop is a great wealth generating tool leading to rude awakening for an employee after they join a company. 

This doesn’t mean you can’t make wealth, it just means don’t get carried away by narratives and take preventable errors in your career. 

Always talk to multiple people in startup’s and ask relevant questions to understand esop policies better. 

Like everything else optimising only for esop for wealth creation will mostly not result in it.

Unmasking ESOP wealth!

Consultant

Hi,

I have been working in the Software Industry for the past 9 years. I feel like I have made a good use of my time and money and maybe some of my lessons can help you folks as well. Recently did a calculation for my NW and I am happy and proud to see my NW crossing 2CR+. I have 0 debt and do not own a house. Here is how my portfolio look like

TC: 1.3 Cr
YOE: 9

I am happy to do an AMA. Ask me anything about tech, career, love, marriage, money management, therapy, songs and movies.
#Ask Me Anything #ama #amazon #atlassian #google #startups #bengaluru #networth #money management #finance #india

Sorry if delay in responses, I'll answer all your questions eventually.

[AMA] 9 years in Software Engineering in India. NW 2.5Cr

I see a lot of similar questions and I'll try to answer them here.

>>>>>>CTC Progression<<<<

My current CTC is 1.3CR . 50% is cash, 50% is stocks.

Here is my CTC progression over the years

1st - 12L
2nd - 12L (Switched Companies)
3rd - 15L 
4th - 24L (Switched companies)
5th - 42L (Switched Companies)
6th - 48L
7th - 66L
8th - 72L
9th - 1.3Cr (Switched Companies)

As you can see I almost everytimg doubled my compensation when I switched my companies. But there are reasons to stay at a company as well. If you are learning and are able to handle different problems at scale, stay. When you feel stuck, leave and look for better opportunities. I have never switched job to get more money. I love CS. I have been coding since 15 years. What made me switch was either bad managers, uninteresting problems not visibility of learning and growth.

Note:
1.1. The vested RSUs given by the employer are mentioned under the nature of perquisites in Form 16. The tax is already paid for it and mentioned in Form 16 as well. The same info is reflected on the ASI website.
1.2. None of the vested RSUs were sold historically.
1.3. No dividend income comes from the vested RSUs.

My doubts
2.1. For this case, do we need to disclose vested RSUs in Schedule FA form in ITR2?
2.2. If I need to disclose them, I did not know about this and filed ITR1, which was processed for the last financial year. I am yet to file for this financial year. Can I disclose all the vested RSUs from 2022 and 2023 in the current FY 2023-2024 filing?

Other Annoyances
3.1. There is a conflict among CAs as well. Some CAs say we need to disclose only when selling and not while holding, as taxes for that are already paid. Other CAs say we need to disclose even if we are holding and even if taxes are paid.
3.2. If the holdings are required to be disclosed, I wish the tax portal could throw an error in the UI if trying to submit the ITR without disclosing Schedule FA. As the IT Department has access to our Form 16, the IT portal can extract data from Form 16, check if it has RSUs mentioned, determine if the stock of the company is listed on a US stock exchange, and mark the Schedule FA form as mandatory. I don't think it is very complicated to implement this feature.

People having RSUs, please clarify

Shall i hold the rsu or sell them? I have personal loan of same amount as of distributed rsu. Someone please guide me.

Oracle rsu sell or hold

Senior Engineer

does anyone know if flipkart give esops or RSUs to their employees? 

in esops you have to pay money to get them after vesting whereas RSUs are given directly upon vesting without you paying money

Flipkart esops vs RSU

Product Manager

Welcome to IT Company Discussion's Private Community

Does anyone have idea about how much infosys is giving appraisal % ?

Hi folks, 

I'm Kashish, the CEO of EquityList and Founder of Cloud Capital which I run as a solo GP.
A little bit about what we do: 

EquityList is a full-stack equity management platform by AngelList India. Companies across India, US and Singapore use EquityList to manage their cap table, stock options (ESOP/SAR), shareholders, and related compliances. Managing equity for 10k+ stakeholders, 250+ companies and ~$1B in stock options.

Cloud Capital has deployed $8M+ in 55+ startups such as Airmeet, Rupifi, Orange Health, DevRev, ZET (OneCode) and others. I've also angel invested in startups such as OSlash, Atlys, Chronicle, Even Healthcare and others.

Excited to do this AMA, and look forward to answering any of your questions about ESOPs, cap table management, investing, entrepreneurship, and more!

LinkedIn: https://www.linkedin.com/in/kashisharma

Live AMA: Hey everyone, I'm Kashish, CEO of EquityList. Ask me anything!

Welcome to Product Managers's Private Community

What is the pay like for 7–9 yoe product managers like? Looking to understand the pay range and the work load. Have been working in startups for close to 6 years and want to move to a more relaxed setup.

If there’s a post around this already, please help in directing me.

Pay for PMs at companies like ServiceNow and Salesforce

Product Owner

Please share the knowledge you've about these two!

ESOPs vs RSUs

Hi,

Here's a quick summary for taxation of RSU's.
This is for employees who get stocks of their parent companies listed abroad as part of their salary package.

The RSU are taxed after clubbing with the salary as a perquisite and thereafter in Capital gains arising on account of holding such shares.

At the time of grant: No tax liability.

At the time of vesting: The  fair market value of the share on the date of vesting is taxed at the slab rate by the employer by selling the shares to cover the tax liability.
Example - If you have 10 RSU vested, your employer will sell 3 RSU to cover the tax liability and will give you 7 RSU.

At the time of sale: After vesting, the difference between fair market value on the date of vesting and selling price is taxed as capital gain as below:
a) Holding period of more than 24 months,  long-term capital gain, taxable at 20% with post-indexation benefit. 
b) If the period is lesser, it is short-term gain taxable at the slab rate.

At the time of filing ITR, you should declare the holding of foreign shares in schedule FA

Taxation of RSU ( Restricted Stock Units)

Chartered Accountant

I had a very basic doubt.
For people who've exercised their stock options or have had some similar experience with this in the past, what's best way to limit the tax liability?

My company is registered in the US - would i have to pay taxes to both the governments?

Thanks in advance and have a great day ahead!

Tax liability for vested stock options

I have around 2 years of experience.
1) 10 months in pervious company with 6 month internship and 4 month full time.
2) 1 year 1 month in current company.

I recently applied for a company and was offered an MTS role. ( 18 cash, 50 private RSUs + additional benefits) Total CTC is approximately 34 LPA

The offer sounds overwhelmingly good based on current market standards but when I checked company’s stock price in secondary markets, they are worth less than 50% of what was quoted by the recruiter.

Right now I am a bit skeptical on the stock price as the company has not yet gone public but they plan to in next couple of years.

Not sharing company and personal details for obvious reasons.

Thoughts on my offer?

I have a friend with an offer from Coinbase in India where the RSUs will be vested on a quarterly basis. 

Need to understand the following things:

- What is the tax on exercising the RSUs after the grant and on Selling it later?
- Is there double taxation on selling it as the company is listed in US and he's an Indian shareholder?

Any good blog or video on this topic would be very helpful.

Does Infosys give rsu? Which job level? Value of the rsu?

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