IndiaJun 8, 2021
Newprrprp
Taxation for rsu in India
Folks, What are the taxation rules for RSUs in India. How it works in Google, Microsoft,Adobe,Amazon , Walmart and what will be effective tax on allocated RSUs
Uber ༼ つ ಥ_ಥ ༽つ Jun 8, 2021
At Uber, they sell off ~43% of stocks for tax withholding and return back excess tax to us in cash (43 - 31.2 ~ 12%)
Uber lets kill Jun 8, 2021
This means that Uber is selling 11% tax on my behalf at the rate prevalent at that time.. even if I would not have liked to sell?
Uber ༼ つ ಥ_ಥ ༽つ Jun 8, 2021
Yes 🤧
Intel vision101 Jun 8, 2021
I was just looking this up yesterday! Thanks for asking.
Adobe pewdiepi Jul 5, 2021
They sell 30% are withheld for tax on the date of vesting. And when you sell them you need to pay tax on the capital gain.
New
MiUpaid Jul 5, 2021pewdiepi ,can I Dm you ,need some input as I just joined Adobe
30% of G stocks in India. On the day if vesting 30% of the amount (stocks) are withheld and paid as tax to *Indian Gov*. This amount also appears in form 16.
Noob here. So that gets deducted from the stock itself (Like when I will sell it, I will get 70% of it)? Or from my base salary which I get on a monthly basis?
The former, the base remains unaffected.