ESOPs these days have become a gamble for salary folks. You work your brains out for years, get some good amount of ESOPs believing it will change your fortune. You also pay 40% tax on it from YOUR VERY POCKET at the time of excercising. And then, the company starts slipping going down. The profits start decreasing, competition takes over and slowly you realize that you have to sell your stocks in losses. Eg: Adobe #portfolio #nifty
CA Nitin Kaushik (FCA) | LLBShare
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