Employees Stock Option Scheme and Sweat Equity Shares are two methods of issuing shares by a company to its employees and also can increase the share capital of the Company.
As per Section 2(37) of the Companies Act, 2013 employees stock option means the option given to the directors, officers or employees of a company or of its holding company or subsidiary company or companies, if any, which gives such directors, officers or employees, the benefit or right to purchase, or to subscribe for, the shares of the company at a future date at a pre-determined price.
As per Section 2(88) of the Companies Act, 2013 Sweat Equity Shares means that such equity shares as are issued by a company to its directors or employees at a discount or for consideration, other than cash for providing them know how or making available rights in the nature of intellectual property rights or values addition, by whatever name called.
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Difference Between ESOP and Sweat Equity Shares

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Gone are the days where income tax department would not cross-verify the transactions undertaken by you to a greater extent . Now, every transaction is cross verified as the department has integrated database which allows them to cross verify almost all the transactions. For more details visit our blog : https://bit.ly/3w0pXEr

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To bring about uniformity and to account for the transactions correctly there are three Golden Rules of Accounting. These rules form the basis of passing journal entries which in turn form the basis of accounting and book-keeping. For more details visit our blog : https://bit.ly/3qbX6vU

Golden Rules Of Accounting

The MCA (Ministry of Corporate Affairs) has effected this amendment in accordance with the proposal of the Honourable Finance Minister to revise the definition of Small companies in India by increasing the paid-up capital limit from INR 50 Lacs to INR 2 Crores in the Union Budget 2021 while the turnover threshold by enhancing from INR 2 crores to 20 crores. For more details visit our blog : https://bit.ly/3n2RBh8

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On receipt of resignation letter, it is placed before the Board for their perusal and further discussion. For more details visit our blog : https://bit.ly/3ot8bWG

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To carry on the business of dealing and maintenance of computer hardware, computer systems and assemble data processors, program designs and to buy, sell or otherwise deal in such hardware and software packages and all types of tabulating machine, accounting machines, calculators, computerized telecommunication systems and network, their components, spare parts, equipments and devices and to carry on the business of establishing, running and managing institutions, school, and academics for imparting education in computer technology, offering equipment, solutions and services for networking and network management, data centre management and in providing consultancy services in all above mentioned areas. For more details visit our blog : https://bit.ly/3HUVVaD

Difference Between ESOP and Sweat Equity Shares

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