I'm Indian and working for a US organisation in India. I have been investing in the Employee Stock Purchase Plan (ESPP) for a while now. During the initial investment period, I had not opted for re-investment of dividends, due to which I have accumulated few US $. Now, I plan to transfer the funds(cash) in my bank a/c in India. Can you please help me with below questions?
- How should I disclose it to the Indian tax authorities?
- What forms should I be submitting to the tax authorities?
Thank you for all your help!!