{"id":838734,"date":"2024-07-30T10:07:34","date_gmt":"2024-07-30T04:37:34","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=838734"},"modified":"2024-07-30T10:07:34","modified_gmt":"2024-07-30T04:37:34","slug":"big-ltcg-gains-for-startups-staff-holding-esop-in-secondary-deals","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/30\/big-ltcg-gains-for-startups-staff-holding-esop-in-secondary-deals\/","title":{"rendered":"Big LTCG gains for startups staff holding Esop in secondary deals"},"content":{"rendered":"<p>The reduction in long-term capital gains (LTCG) tax on unlisted securities to 12.5% from 20% could benefit startup staffers holding employee stock option plans (Esop), if their shares are bought by an investor during a secondary funding round, founders and tax experts said.<\/p>\n<p>While such deals are often conveniently termed as Esop buybacks \u2014 even though the shares are not repurchased by the company that issued them \u2014 these are typically secondary deals where an investor is buying the shares providing liquidity to employees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The reduction in long-term capital gains (LTCG) tax on unlisted securities to 12.5% from 20% could benefit startup staffers holding employee stock option plans (Esop), if their shares are bought by an investor during a secondary funding round, founders and tax experts said. While such deals are often conveniently termed as Esop buybacks \u2014 even though the shares are not repurchased by the company that issued them \u2014 these are typically secondary deals where an investor is buying the shares providing liquidity to employees.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-838734","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/838734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=838734"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/838734\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=838734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=838734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=838734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}