Multinationals Being Probed In Connection With ESOPs Paid To Employees In India

Multinational companies offer their employees stock options in their parent company, which is located outside India. Called esops (employee stock ownership plan), it is a common way of paying compensation to employees. It allows the employees to own a part of the company. However, these transactions have come under the lens of tax authorities. The tax department wants to know from the Indian arms of these MNCs how good they are in me...