Stricter regulatory stance: Now, Esops get the Press Note 3 treatment
- Posted on October 16, 2024
- By Business News Today
- 4 Views
Stricter regulatory stance: Now, Esops get the Press Note 3 treatment
The Reserve Bank of India demands government approval for offering Esops to employees in countries sharing a land border with India, per Press Note 3 provisions. Companies face rejection without approval, impacting staff in Pakistan, China, and other neighboring nations despite grant stages not indicating ownership.
