I work for a 100% owned India subsidiary of a Multinational Company.
In 2005, I was alloted preferential shares from my Principle Company which were listed in the European Stock Markets.
Recently I sold the shares thru a bank in Europe nominated by my Principle Company and the equivalent of the Euro amount was credited to my bank in India.
My employer gives home loan interest subsidy @4% as against the interest rate 7% charged by home loan finance company. Whether dfference amount of interest rate is taxable?
