All about RSUs & shares 🤑 Taxes applicable ❓ 😱 What happens after 4 years❓ 😳 Truth behind RSUs 😇

[@pavanyadav-rd7uw]

Loved it! As per I know once you left the company, according to the terms & conditions mentioned in stock options it might expire after 5-6 years or even more.

[@SoumyajitBhattacharyay]

Stocks in a public traded company never expire. You might have to get it transferred to a different brokerage service, but they are yours. Options on the other hand, have an expiry date associated with it. Within which, you have to exercise those options. These options are generally given for companies that are not listed in the stock market. No there is such clause in the offer letter.

[@mayanksharma7952]

Soumyajit Bhai keep making videos ,we will support you

[@SoumyajitBhattacharyay]

I will and i will increase the frequency of videos as well! ❤ A mixture long vudeos like this as well as shorter videos like the previous ones ❤ Do share it qmong your friends😌

[@rageshgr]

Great

[@HarshvardhanUpadhyay1989]

Very well explained and that too in Hindi language. Thank you for sharing info and such simple manner.

[@SoumyajitBhattacharyay]

No problem at all. Do share the video among your friends ❤️. And don't forget to subscribe 😊😊

[@rajprasadinamdar4926]

If we decide to keep vested shares then I think we need to report them as Foreign Asset while submitting ITR Content - very informative Setup - only one point distract some time that is lights appear on your glasses

[@SoumyajitBhattacharyay]

Yes I agree about that it was the first time me using the ring light. Have stopped wearing glasses 😛

[@vimalkumar-ig1dh]

great video !! loved the way you explained everything

[@SoumyajitBhattacharyay]

Thats super awesome! Glad was able to help! ❤ Do subscrube and share it among your friends 😊😊

[@rishabhmishra8798]

Thanks, you have explained this in very easy untestable manner. Very helpful

[@raginisharma9302]

Excellent videos- you have shared realistic scenarios - thank you!

[@SoumyajitBhattacharyay]

Glad you liked it. No problem at all

[@vikramkumarsoni5283]

Bhaiya Amazon mein joining time pe Jo MacBook milta hai Kya woh after resigning return le leta hai ?

[@SoumyajitBhattacharyay]

Haan woh resign karte waat wapas dena hota hai.

[@rishabhsingh6167]

@@SoumyajitBhattacharyay Arcesium me konsa laptop mila tha??

[@SoumyajitBhattacharyay]

Mekko nai mila tha. Abhi just shuru hua hai laptop dena waha pe. Dell ka think pad milta hai abhi toh

[@g266e4]

Do companies like these (Amazon, google, MS, etc.) grant aditional RSU during the first 4 years based on performance, or is it only after the first 4 years is done?

[@SoumyajitBhattacharyay]

That is what I have mentioned. This is done every year. Based on the individuals performance!

[@saumyaraj9214]

Got all my doubts cleared. Thank you!!

[@yashgandhi9698]

Awesome content! Keep making such type of videos. They are really useful for freshers :)

[@SoumyajitBhattacharyay]

Yes I will upload more such informative content!!. Please do share it among your friends and subscribe to the channel! ❤ Also can you suggest what more would you like to see?

[@panchalburagohain516]

A good video, please make a video on RSA'S now ? With an illustrated example of 1000 shares which would be very useful to all

[@vishalsinghrajpurohit6037]

Yes i liked this new way of explaining in hindi . It improves the communication a lot. Thanks.

[@SoumyajitBhattacharyay]

I am glad! Do share it among your friends❤

[@er.sandeeppal7765]

Loved the new way of expressing. Keep it up 👍

[@vijaynagaraju9701]

Hi, can we use the etrade account opened by company for RSUs to trade other US stocks or ETFs directly?

[@Sushil2874]

Very nicely explained..!!

[@TaxSmooth]

Kindly change your setup

[@soumikmukherjee4797]

Thank you sir for keeping my request. It really cleared all my doubts

[@SoumyajitBhattacharyay]

Always! Do keep giving nice ideas ❤ And share it among your friends

[@soumikmukherjee4797]

@@SoumyajitBhattacharyay sure sir!!

[@-RohitJaiswal]

Awesome content please keep making videos😍😍

[@xyz956]

Good approach bhaiya

[@SoumyajitBhattacharyay]

Thanks yaar! Doston me share kardo!!

[@eotb-gvc]

Another suggestion. The audio setup you're using is nice but it isn't delivering the most out of it. You need to use audio interface or phantom power and good xlr or usb cables in order to get richer audio. Said this bcoz you're audio sounds like "atak atak k sound aana"

[@utkarshmishra9846]

Nice Bro. Its good to see that you motivate a lot.

[@SoumyajitBhattacharyay]

Thanks! Do share it among your friends! It will help me a lot

[@simple_cloud_990]

Bro mera 2 doubt hai 1. Let's suppose package 50Lakh ka hai and 30 lakh ka stocks mile hai to kya every year 30lakh ka stock milta hai ya ye sirf one time hota hai 2. Agr maine company join kra and stock vest hone me time hai aur usse phle maine job change kr diya to kya wo stock mere pass ayega ya nhi

[@kaushiknits0307]

Bhai kitna channels subscribe karu, anyways liked your video

[@SoumyajitBhattacharyay]

Hahahah! Nice one! 😂😂😂

[@shivampatel4737]

Liked this way of conversation ❤

[@SoumyajitBhattacharyay]

Awesome! Do share it among your friends!

[@rishabhgupta-he2wg]

I think hindi looks more natural to you. Your English is good but it seems that you are reciting it where as for hindi, it looks like you are speaking directly from heart. The explanation has also become more natural. Keep it up for the good work.

[@SoumyajitBhattacharyay]

Surely! Thanks for the detailed feedback. Really appreciate it. Please do share it among your friends!

[@abikrsen3205]

@@SoumyajitBhattacharyay please man Hindi me bhi videos kiya karo....feels natural❤️

[@SoumyajitBhattacharyay]

Yes. Main aur zyada karne ki koshish karunga. 😀

[@kryptu]

Very useful info. Thanks for sharing.

[@SoumyajitBhattacharyay]

No problem at all!!

[@vinchemistry3230]

Hello dear It was really a good video I have still one doubt that my company is offering me shares worth 2500 USD per year , and vesting period is 6 months. So what's this vesting period ?

[@ankitrai6192]

Please make video for how to switch from Service based or one should go for GATE exam for m.tech then get placed 🙏🙏❤️❤️ I am having 1.6 years of experience in TCS. I don't have Good coding skills right Now

[@pawkiwstanighuullamofbhara587]

Let's say my base is 15 lakhs and total compensation of first year including joining bonus, performance bonus and stocks (first year part only, not CTC) is 28 lakhs. Then what will be the percentage of tax on base salary which is received per month. Will it be 30 percent of whole 15 lpa base or 10 percent of 10 lpa + 30 percent of remaining 5 lpa. I am assuming that tax on rest other bonuses and stocks will be 30 percent. Please try to answer this

[@manvityagi6529]

THANK YOU THANK YOU!!

[@SoumyajitBhattacharyay]

Yaay! Dont forget to share it among your friends! 😊

[@Explore_With_Rohit-Balwani]

Yes, we liked it 👍

[@SoumyajitBhattacharyay]

Great! Do share it among your friends❤

[@smitpatel7700]

I have query on RSU tax calculation in india Problem statement : A person offered 375 RSU as a new job in one of MNC in india apart from base salary , on successfully completion of one year person can have 1/4th share , so if he/she competes all 4 years then he/she is the owner of all 375 units. as of now consider one unit rate =130 USD. Queries: 1) How basic tax in India can be calculated on 1/4 th of RSU? 2) does company gives all 375/4 units on every year OR company can deduct some shares as a part of tax BEFORE giving to employees? what is the exact units per year to be considered for the calculations? (somewhere i read company can deduct 30% share , in this case actual 375 units will be decrease by some number, if yes please give idea how many?) 3) does above falls under long term capital gain if person sells after 1-2 year ? 4) what is the latest budget numbers on LTCG ? It would be really good if I can get idea on RSU tax calculation of one year after may onward considering all above points . Thanks waiting for the reply or new video please help

[@SoumyajitBhattacharyay]

No I think I have mentioned most of them in this video. As mentioned two type of tax will be deducted from your shares, both LTCG as well as the standard income tax. Based on your bracket these two will be deducted

[@smitpatel7700]

@@SoumyajitBhattacharyay thanks

[@aseemsharan]

I think you missed one part. as to why it is 31.2% tax? This deserves another video to understand. It's only the US comoanies to which we give 31.2% tax because both countries have an agreement. For other countries, taxes could be higher if there's no agreement. 31.2 = 30% income tax + 4% Education cess. This amount goes to Indian govt.

[@SoumyajitBhattacharyay]

Yes this is from a perspective of someone working in India and earning in 30 % tax bracket. They will be taxed 31.2 % including cess, as RSU is considered as part of the income.

[@gauravjawla]

I love the mic quality now. You lack a bit of confidence I mean when you crack some joke, just own that joke and be confident about it (or at least sound confident). Rest, I love your content no matter what :D

[@SoumyajitBhattacharyay]

True that! A really good advice! 🤓🤓

[@Piyushd9032]

Bhaiya agar 30-40lpa ka package 4th year me lagta hai to 10 years job krne k baad kitna hoga job me ekdum mehnat nhi kr rhe bas normally job kr rhe hai pls reply

[@akankshaprasad3620]

Can you tell ..how did u invested in stocks and how to make stocks and rsu option profitable

[@SoumyajitBhattacharyay]

Hi did not understand the question. Can you please rephrase the question?? 😛😛

[@akankshaprasad3620]

@@SoumyajitBhattacharyay changed

[@tusharnwd01]

Yes, we liked it.

[@SoumyajitBhattacharyay]

Yaaay! Yeh hui na baat. Do share it among your friends!

[@vishalthirwani4717]

Quite an informative video.

[@the_duskyindiangirl]

I really liked the video. Now I have a clear idea. Only doubt...when you say company mere account mein shares de dega, to konsa account? Is it trading account? Will company open a trading account for me so that company can transfer the actual shares with respect to vesting period? Maybe you can give a little bit more info regarding the account.

[@vikasmittal1305]

sir what are prerequisites of coding to improve coding

[@kartikmittal5593]

Sir currently in service based If I join any products based company in lateral entry did I get then shares

[@diwakarpemmaraju9326]

Yes u will.that is one of the key reason you should join product based org.

[@pankajrungta1802]

Hi, As a layman mujhe ek sawal puchna tha. Amazon ke kaam karte time, shares to Amazon US ke milenge na. To wo Indian demat account me kaise ayenge ? And fir wo share ko India me kaise bechenge

[@SoumyajitBhattacharyay]

Morgan Stanley ke account me ya phir fidelity ke account me.mikte hai stocks

[@user-hq8sl7om9i]

Soumyajit, I am fresher, wanted to know do people really work till they are 55-60 because I have hardly seen people with 25+ experience? Enlighten if you are aware, how things actually exist while raising up the pyramid

[@tankapoor3461]

normally companies like Microsoft or google allot there own shares in rsu or some other start up company's share

[@VijayKumar-bk9bq]

Sir Amazon me jo 13lac base inhand milta h ispr bhi income tax dena pdta h..

[@SoumyajitBhattacharyay]

Yes income tax dena padega

[@VijayKumar-bk9bq]

@@SoumyajitBhattacharyay sir ispe kitana % dena pdta h

[@SoumyajitBhattacharyay]

Tax bracket hota hai us hisaab se tax lagta hai yaar.

[@nithinnithin4027]

Sir , RSU's are allotted only when a employee join the company or every year RSU's is it allotted?

[@SoumyajitBhattacharyay]

It depends from one company to another. In some companies rsu refreshers are given and in some it is not given. Watch out my company review series. There for each company I discuss all these things. Next in line is sales force

[@shubham8027]

I liked the video but some sort of lights were flasing on your glasses which was a bit distracting!!

[@SoumyajitBhattacharyay]

Yes that was my first video with the ring light did not know that it gets reflected so brightly off the glasses

[@eotb-gvc]

Bhaiya: ) One suggestion.. Ring light that you are using you should place it in corner, or above your camera.. That glare on your lenses may distract others. Well, nice content. Keep growing! Warm wishes in winter❤

[@SoumyajitBhattacharyay]

Thanks for the great feedback! Surely i will make note of the same!

[@ayushjindal4981]

Can you pls make a video sometime on Amazon giving huge bonus for 2 years on joining and including that in the ctc. After 2yrs I suppose the ctc would come down if that happens.

[@SoumyajitBhattacharyay]

No it does not. Because the stock vesting happens like wise. In the yr1 joining bonus is the highest and stocks the lowest(5%) In yr2 joining bonus is a little lower and stock is (15%) Yr 3 stocks vest at 40% Yr4 stocks vest 40% to cover up the loss in joining bonus. If you add these up they are fairly constant over the four years. Then you get additionally refreshers

[@ayushjindal4981]

@@SoumyajitBhattacharyay what i mean to ask is, suppose amazon and msft both offered 30lac stocks and amazon also offered bonus of 20lac and claimed its ctc higher than msft. Then after 4yrs will the candidate be having more stocks in amazon as compared to msft assuming same performance? In other words will amazon offer higher amount of refereshers every year??

[@SoumyajitBhattacharyay]

@@ayushjindal4981 see as a lateral nobody talks about the CTC. Microsoft as well as amazon will talk about the yearly compensation. So compare yearly compensation

[@krishnarao4290]

It's too early for good comments.

[@SoumyajitBhattacharyay]

Hahaha!

[@uk1523]

Does we need to open new bank account for every company?

[@SoumyajitBhattacharyay]

For shares yes, if the broker is different

[@sammukhkumar4768]

Good job keep doing bhaia

[@SoumyajitBhattacharyay]

Sure yaar! Bas keep supporting and do share the video among your friends!

[@sammukhkumar4768]

Bhaia app nit alllahbabad se ho kiya

[@SoumyajitBhattacharyay]

Nai yaar main nai hoon! Aisa ku laga 😛

[@sammukhkumar4768]

Kon sa college bhia

[@SoumyajitBhattacharyay]

Mera nit jaipur hai yaar

[@VijayKumar-bk9bq]

fresher ko jo stock milta h 4year after jb SDE II banane ke bad bhi stock milta h ya nhi

[@SoumyajitBhattacharyay]

Yes SDE 2 ke salary band ke hisaab se milega tab

[@VijayKumar-pu8zq]

@@SoumyajitBhattacharyay sir SDE II ka package kitana milta h Amazon me please sir

[@hansamaheshwari7611]

In the case of sale of RSU what is cost of acquisition & sale consideration to calculate stcg (capital gain).

[@SoumyajitBhattacharyay]

When you sell the RSU, the price at which you sell is considered. The grant price at which you were granted RSUs is considered as the acquisition price and difference between the two for a single rsu is the capital gain. On which you would be paying your additional taxes

[@hansamaheshwari7611]

@@SoumyajitBhattacharyay but price in the foreign currency then at which rate we have to convert indian rs?

[@SoumyajitBhattacharyay]

That will be converted by the broker. INR will be credited in your account if you choose to sell it.

[@hansamaheshwari7611]

@@SoumyajitBhattacharyay thanks

[@amruth2545]

My question is why do they mention what stocks they give in 4 year in 1 year CTC .. just to look it big ?

[@SoumyajitBhattacharyay]

Nobody mentions it except in colleges. Even then it is not mentioned in a year. It is the college placement cell who adds up all the components just so they can brag in the social media tbh

[@amruth2545]

@@SoumyajitBhattacharyay what will be the hikes in those companies in upcoming years ? Is there any chances we can earn 4 to 5 lakh per month in upcoming years after experience??

[@SoumyajitBhattacharyay]

@@amruth2545 yes absolutely. For example in Amazon an sde 2 earns 55+ lakhs per year. And one can get promoted to sde 2 at on average 2 years of experience

[@amruth2545]

@@SoumyajitBhattacharyay I want to discuss some doubts with u can I get ur contact or something please

[@ShubhamKumar-yo6yg]

Very nice setup

[@SoumyajitBhattacharyay]

Thank you so much!

[@shaival12]

which company gives most RSU ?

[@SoumyajitBhattacharyay]

It depends from one role to another and how much one negotiates.

[@syedfaizanahmed6663]

Excellent work bhai. Can you pls make roroadmap for 4th year students on how to crack Amazon off campus.

[@uday4960]

0:46 Carryminati OP😅😅 Motivated++💖💖

[@SoumyajitBhattacharyay]

True that! 😛😛

[@mdmudassirali7294]

Is the concept of stocks and performance-based bonuses only restricted to FAAGM or similar tech-giant companies? I would also request you to make a video on the work-life balance, salary compensation on giant investment banks like DE Shaw and Goldman Sachs like you did for Microsoft and Adobe.

[@SoumyajitBhattacharyay]

I have one video on DE Shaw already present in the playlist.

[@SoumyajitBhattacharyay]

Here is the d e shaw video kzbin.info/www/bejne/mXaYlHiiq6ySntk

[@mdmudassirali7294]

@@SoumyajitBhattacharyay Oh right, thanks for the info. Btw can you answer the first one?

[@pandiansundara1275]

Thank you for all your videos bro. Your videos are highly motivational to us. My humble request is please make the video in english also, Atleast please add english subtitles bro.

[@SoumyajitBhattacharyay]

Yes sure. I am working on that. And will try to add english subtitles as well ❤

[@turing_machine544]

Bhaiya ..big fan of yours..

[@commenter260]

agar company beech mein resign kiya tho...shares ka kya hoga

[@SoumyajitBhattacharyay]

Compensation ka part hai jitna mila utns tumhara bsaki nai

[@sashaankadibhatla2261]

Good job bro

[@sashaankadibhatla2261]

Can you do video on Data Scientist as well just like SDE you had done before

[@SoumyajitBhattacharyay]

Okk sure.

[@krushimonpara1514]

Please off campus SDE internship Amazon full preparation process and steps

[@sa-hn6in]

Bhaiya if a company offers 20 lacs worth of shares and we get 5 lac worth of shares per year van we sell them after 1 year or 5 lacs worth of stocks will be added per year and we can sell them after 4 years??

[@SoumyajitBhattacharyay]

If lets say we are getting 5 lakh worth of share per year, and the company is a publically traded company, then we can sell the share every year as and when we are getting the shares.

[@sa-hn6in]

@@SoumyajitBhattacharyay then at 4th year will we sell the 5 lac worth stock or whole 20 lac worth of stocks??

[@SoumyajitBhattacharyay]

Why will it be 20 lakh, you are already would have sell 15 lakh worth of shares in the first 3 years

[@sa-hn6in]

@@SoumyajitBhattacharyay oh yesyes😁😁😁that means 5 lacs

[@Prashantkumar-pn6qq]

Please cover HLD as well...

[@yashkilaniya6627]

Earlier setup was good though!!

[@SoumyajitBhattacharyay]

There has been 4 different set ups now. 🙊🙊

[@rishabhsingh6167]

Are the Long Term Incentive award given by Arc, DeShaw same as RSU?

[@SoumyajitBhattacharyay]

No they are not. It is cash in case of de shaw and arcesium

[@sachin2010able]

Do we pay double tax on RSUs?

[@SoumyajitBhattacharyay]

You pay income tax on the vesting price. And then capital gains if you decide to sell them ☺️ and you have made some profit on it. Capital gains as the term suggest will only be applicable if you gain some profit. And will be applicable on the profit gained. Until and unless you re invest it back.

[@sachin2010able]

@@SoumyajitBhattacharyay for example while joining I was given a share whose worth was $700 and and while vesting it's $1800 but 30% is already deducted while the shares are credited for vesting and when I sell after 2 years do I pay Tax on entire $1800 or on $1800-$700 =$1100? Also do I pay 30% on it as per my income slab or 10% as long term capital gain

[@SoumyajitBhattacharyay]

As soon as the shares vest. 30% of the shares will be sold to cover for your tax as it is your income tax. Now after that, once you sell the remaining shares, depending on the profit that you make, you give capital gains tax on the profit made. 🥲

[@ankurdubey1441]

Loved it

[@SoumyajitBhattacharyay]

Thanks means a lot. Do share it among your friends! ❤

[@amruthbhat9]

Who all came watching a thumbnail

[@Aakash-wr5ik]

great video

[@SoumyajitBhattacharyay]

Nex video I have explained in complete detail all about ESOPs do wait for that. Dropping tomorrow ❤️

[@sy_54_pranishashetty77]

Please make video on CTC and in hand salary of service based company?

[@SoumyajitBhattacharyay]

Sure I will make a video

[@atul_anand]

Reflection on specs is annoying.

[@SoumyajitBhattacharyay]

Yes it is. Hence no other video I have my specs on.

[@-RohitJaiswal]

But in 4 years we could be promoted to sde2???😅😅

[@SoumyajitBhattacharyay]

Yes you could be. Promoted from sde 1 to sde 2 Or sde 2 to sde 3 etc.

[@-RohitJaiswal]

@@SoumyajitBhattacharyay Thank uu for the reply Please keep making gr8 contents 🙏🙏🎉🎉

[@SoumyajitBhattacharyay]

I will ❤

[@jaibharath6380]

Bro please use English how south indians can understand😭😭

[@prathmeshsadulwar2397]

Sir aap sde2 se apko tho stocks ka fayda hua hoga

[@yashkilaniya6627]

Who are these people, who dislike the video?

[@SoumyajitBhattacharyay]

No idea. I don't understand why would someone dislike a video providing them valuable information

[@kiral3897]

Can you please make detailed CTC breakup of Arcesium ?

[@SoumyajitBhattacharyay]

Salary detail or compensation structure break up?.

[@kiral3897]

@@SoumyajitBhattacharyay Video on Compensation structure of each level, like you did for Google and Adobe.

[@SoumyajitBhattacharyay]

At arcesium there is no well defined band of compensation in place though. And it wildly varies within a band.

[@kiral3897]

@@SoumyajitBhattacharyay Sir actually I am upcoming summer intern @Arcesium. So if PPOs are offered to interns, they may differ among each other as well may differ from current SDE 1s as well?

[@SoumyajitBhattacharyay]

@@kiral3897 yes that is correct. They can differ amapng each other and definitely among the sde 1 level.

[@sailesh1306]

I had to skip this video due to Hindi language (donno much hindi). Requesting you to do English videos so that everyone can benefit

[@SoumyajitBhattacharyay]

Yes right now the videos are more on the English Hindi format. With hindi used as fillers or content repetition so that the delivery feels more natural

[@avisekmandal1432]

খুব ভালো

[@SoumyajitBhattacharyay]

Thank you ❤

[@hhh48222]

🔥🔥🔥👌👌👌👌👌

[@Amaankf]

ek hi cheez par do baar tax

[@shaival12]

light coming in your glasses

[@SoumyajitBhattacharyay]

Yes, I have removed my glasses since then 🔥

[@cartmax8531]

I am just irritated seeing that round light at his spects...

[@SoumyajitBhattacharyay]

Hahaha. True that. My first time shooting a video with the ring light 😊

[@cartmax8531]

@@SoumyajitBhattacharyay It's ok brother, your videos are really Informative... And of course your way of speaking English is awesome...

[@akshaykr.8770]

Bina kisi 😂😂😂😂 ke ...?

[@MichaelStephenLau]

Perhaps it would be better to record the video in the language you are most comfortable with only. Then release a dubbed version separately. Double views, likes, etc, and less time spent on viewers giving up because they don't understand most of the time. You may also group your videos by language, so an English speaker like myself can watch only relevant material.

[@surajshukla1897]

🙏🙇💕

[@surajshukla1897]

Mai bhut kush hota hu jab aap reply karte hai 🤗

[@ankurtripathi9799]

nice'

[@susovanghosh6050]

My personal opinion... English plz🙏🏻

[@VijayKumar-bk9bq]

nikal jao..yaha se hindi me hi ayega

[@susovanghosh6050]

@@VijayKumar-bk9bq Bhai opinion hai...itna rebellious honeka need nhi hai!😂

[@SoumyajitBhattacharyay]

True. Aise react nahi karna chahiye. Aur videos dono hindi aur english me aayenge. ❤

[@susovanghosh6050]

@@SoumyajitBhattacharyay RESPECT++❤️

[@SoumyajitBhattacharyay]

True I do not support any form of bullying at all.

[@trippy8445]

carryy :)

[@SoumyajitBhattacharyay]

Haha

[@fullmasti61441]

8@00

[@mohitkishore8494]

Great content. Please continue like this, it's really helpful.

[@SoumyajitBhattacharyay]

Yes most definitely