
A UK-based employee sold 1,540 ESOP shares for nearly ₹26 lakh but reported a ₹1 lakh short-term capital loss using the shares' FMV as cost. The Mumbai ITAT ruled that the FMV on the ESOP.
Syndicated via official news feed
Syndicated feed content with full publisher credit.
Continue reading verified coverage and related developments on this desk.
Latest developments and reports from the desk
Federal Reserve Bank of Minneapolis President Neel Kashkari played down concerns over rising US Treasury yields, saying markets are functioning well and the recent surge is unlikely to affect monetary policy…
British officials reveal sweeping Brussels negotiating plan drawn up in former premier’s last days in office
Market Questions is the FT’s guide to the week ahead