Hi,
I have RSUs allocated by my company. The stock is not traded on any Indian exchange. When vesting, I have already paid the prescribed perquisite tax.
However, the stock is trading higher by about $10.00 than when it vested. What is the income tax that I need to pay? Is it 33% of $10.00 per stock ($3.3 per stock)? Or is there a different way to calculate this tax?
Vivek