1 ESOP is a programme for employees where they can own equity shares of the company they work for and participate in its growth. Companies use ESOP to attract and retain talent.
2 ESOP gives the employee the option to buy a certain number of shares in the employer's company at a pre-determined price known as the exercise price.
3 ESOP can be exercised only after a defined time called vesting period. This is to ensure that the employee's contribution is aligned to the ESOP benefits.
4 Exercising the options would result in a gain for the employee if the market price of the stock is more than the exercise price after vesting.
5 ESOPs enable a variable benefit to the employee and passes on the gains in the value of the equity shares of the company to the employees.
1.ICICI Prudential Tax Plan
2.Reliance Tax Saver (ELSS) Fund
3.HDFC TaxSaver
4.DSP BlackRock Tax Saver Fund
5.Religare Tax Plan
6.Franklin India TaxShield
7.Canara Robeco Equity Tax Saver
8.IDFC Tax Advantage (ELSS) Fund
9.Axis Tax Saver Fund
10.BNP Paribas Long Term Equity Fund
You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds
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