Insights
Private Markets Intelligence
Guides on ESOP taxation, cap tables, secondary transactions, and India's private market ecosystem.
How to Declare Unlisted Shares in ITR: Complete Guide for FY 2026-27
Unlisted share transactions must be reported in ITR-2 (for salaried individuals and investors) or ITR-3 (for business owners) using Schedule CG (Capital Gains). Long-term capital gains from unlisted shares held
Startup Equity Secondaries: How to Actually Sell Your Unlisted Shares in India in 2026
Most people think "liquidity" only happens when a company IPOs. They are wrong. If you are sitting on vested ESOPs or early equity in a private company, you
Step-by-Step: How to Fill Schedule CG for Capital Gains on Unlisted Share Sales
Schedule CG (Capital Gains) in ITR-2 or ITR-3 is where you report all unlisted share sales. Short-term capital gains (holding period ≤24 months) are reported in Section A5 under "
What is ESOP Taxation in India: 2026 Guide to Perquisite Tax
How are ESOP Taxed in India? ESOP taxation in India involves two critical tax events: perquisite tax at exercise and capital gains tax at sale. With new 2025 tax rates,
How to sell your unlisted shares or ESOPs through secondaries?
If you're an entrepreneur or an employee holding Employee Stock Options (ESOPs) or shares in a growing company, and you are considering selling them on the secondary market,
What is Tax on ESOPs in India: How to Calculate your perquisite tax?
Perquisite tax is the tax you pay when you exercise stock options, on the difference between the Fair Market Value (share price) and your exercise price. This tax is calculated