Hi,
The company I work for is US based and had offered us RSUs. Recently, the company was acquired by private equity fund, and our stocks were liquidated.
We were taxed 34% by US Govt. i.e. 200 units at $24 each giving $4800, but we received $3167.12.
So, do we have to pay income tax here in India as well? If not, what steps should I take?
Thank you.