great video !! loved the way you explained everything

@SoumyajitBhattacharyay

3 жыл бұрын

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

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

Loved the new way of expressing. Keep it up 👍

Got all my doubts cleared. Thank you!!

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

3 жыл бұрын

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.

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

@SoumyajitBhattacharyay

3 жыл бұрын

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?

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

@SoumyajitBhattacharyay

3 жыл бұрын

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

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

@SoumyajitBhattacharyay

2 жыл бұрын

Glad you liked it. No problem at all

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

@SoumyajitBhattacharyay

3 жыл бұрын

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

Awesome content please keep making videos😍😍

Very nicely explained..!!

Very useful info. Thanks for sharing.

@SoumyajitBhattacharyay

3 жыл бұрын

No problem at all!!

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

@SoumyajitBhattacharyay

3 жыл бұрын

I am glad! Do share it among your friends❤

Good approach bhaiya

@SoumyajitBhattacharyay

3 жыл бұрын

Thanks yaar! Doston me share kardo!!

Quite an informative video.

Liked this way of conversation ❤

@SoumyajitBhattacharyay

3 жыл бұрын

Awesome! Do share it among your friends!

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

@SoumyajitBhattacharyay

3 жыл бұрын

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

@soumikmukherjee4797

3 жыл бұрын

@@SoumyajitBhattacharyay sure sir!!

THANK YOU THANK YOU!!

@SoumyajitBhattacharyay

3 жыл бұрын

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

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.

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

Soumyajit Bhai keep making videos ,we will support you

@SoumyajitBhattacharyay

3 жыл бұрын

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

3 жыл бұрын

Great

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 ?

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

3 жыл бұрын

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

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"

Yes, we liked it 👍

@SoumyajitBhattacharyay

3 жыл бұрын

Great! Do share it among your friends❤

Very nice setup

@SoumyajitBhattacharyay

3 жыл бұрын

Thank you so much!

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

2 жыл бұрын

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

Bhaiya ..big fan of yours..

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

Yes, we liked it.

@SoumyajitBhattacharyay

3 жыл бұрын

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

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

@SoumyajitBhattacharyay

3 жыл бұрын

Yes most definitely

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

3 жыл бұрын

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

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

3 жыл бұрын

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

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

Loved it

@SoumyajitBhattacharyay

3 жыл бұрын

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

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

Good job bro

@sashaankadibhatla2261

3 жыл бұрын

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

@SoumyajitBhattacharyay

3 жыл бұрын

Okk sure.

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

Good job keep doing bhaia

@SoumyajitBhattacharyay

3 жыл бұрын

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

@sammukhkumar4768

3 жыл бұрын

Bhaia app nit alllahbabad se ho kiya

@SoumyajitBhattacharyay

3 жыл бұрын

Nai yaar main nai hoon! Aisa ku laga 😛

@sammukhkumar4768

3 жыл бұрын

Kon sa college bhia

@SoumyajitBhattacharyay

3 жыл бұрын

Mera nit jaipur hai yaar

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

3 жыл бұрын

True that! A really good advice! 🤓🤓

great video

@SoumyajitBhattacharyay

2 жыл бұрын

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

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

@SoumyajitBhattacharyay

2 жыл бұрын

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

Bhai kitna channels subscribe karu, anyways liked your video

@SoumyajitBhattacharyay

3 жыл бұрын

Hahahah! Nice one! 😂😂😂

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

3 жыл бұрын

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

@abikrsen3205

3 жыл бұрын

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

@SoumyajitBhattacharyay

3 жыл бұрын

Yes. Main aur zyada karne ki koshish karunga. 😀

Please cover HLD as well...

sir what are prerequisites of coding to improve coding

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

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

@SoumyajitBhattacharyay

3 жыл бұрын

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

@akankshaprasad3620

3 жыл бұрын

@@SoumyajitBhattacharyay changed

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

3 жыл бұрын

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.

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

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

3 жыл бұрын

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

@SoumyajitBhattacharyay

3 жыл бұрын

Here is the d e shaw video kzread.info/dash/bejne/lXlpxaelpqrFmNo.html

@mdmudassirali7294

3 жыл бұрын

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

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

@SoumyajitBhattacharyay

3 жыл бұрын

Haan woh resign karte waat wapas dena hota hai.

@rishabhsingh6167

3 жыл бұрын

@@SoumyajitBhattacharyay Arcesium me konsa laptop mila tha??

@SoumyajitBhattacharyay

3 жыл бұрын

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

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

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

@diwakarpemmaraju9326

Жыл бұрын

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

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

3 жыл бұрын

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

3 жыл бұрын

@@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

3 жыл бұрын

@@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

Please off campus SDE internship Amazon full preparation process and steps

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

3 жыл бұрын

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

3 жыл бұрын

@@SoumyajitBhattacharyay thanks

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

@SoumyajitBhattacharyay

3 жыл бұрын

Sure I will make a video

Earlier setup was good though!!

@SoumyajitBhattacharyay

2 жыл бұрын

There has been 4 different set ups now. 🙊🙊

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

🔥🔥🔥👌👌👌👌👌

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

@SoumyajitBhattacharyay

3 жыл бұрын

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

Kindly change your setup

0:46 Carryminati OP😅😅 Motivated++💖💖

@SoumyajitBhattacharyay

3 жыл бұрын

True that! 😛😛

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

@SoumyajitBhattacharyay

3 жыл бұрын

For shares yes, if the broker is different

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

@SoumyajitBhattacharyay

3 жыл бұрын

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

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

3 жыл бұрын

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

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

@SoumyajitBhattacharyay

2 жыл бұрын

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

2 жыл бұрын

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

@SoumyajitBhattacharyay

2 жыл бұрын

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

@hansamaheshwari7611

2 жыл бұрын

@@SoumyajitBhattacharyay thanks

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

3 жыл бұрын

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

3 жыл бұрын

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

@SoumyajitBhattacharyay

3 жыл бұрын

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

@sa-hn6in

3 жыл бұрын

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

🙏🙇💕

@surajshukla1897

3 жыл бұрын

Mai bhut kush hota hu jab aap reply karte hai 🤗

It's too early for good comments.

@SoumyajitBhattacharyay

3 жыл бұрын

Hahaha!

Can you please make detailed CTC breakup of Arcesium ?

@SoumyajitBhattacharyay

3 жыл бұрын

Salary detail or compensation structure break up?.

@kiral3897

3 жыл бұрын

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

@SoumyajitBhattacharyay

3 жыл бұрын

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

@kiral3897

3 жыл бұрын

@@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

3 жыл бұрын

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

Is the long term capital gains 10% for amazon rsu given to people working in India?

@SoumyajitBhattacharyay

2 жыл бұрын

No no. It is 20%.

@narendrareddyguvvala7474

2 жыл бұрын

@@SoumyajitBhattacharyay How much time frame is considered for long term capital gains and short term capital gains for USA rsu in India?

@SoumyajitBhattacharyay

2 жыл бұрын

It is same. More than 1 year will come under long term

Sir aap sde2 se apko tho stocks ka fayda hua hoga

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

@SoumyajitBhattacharyay

3 жыл бұрын

Yes SDE 2 ke salary band ke hisaab se milega tab

@VijayKumar-pu8zq

3 жыл бұрын

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

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

@SoumyajitBhattacharyay

2 жыл бұрын

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

2 жыл бұрын

@@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

2 жыл бұрын

@@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

2 жыл бұрын

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

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

@SoumyajitBhattacharyay

3 жыл бұрын

Compensation ka part hai jitna mila utns tumhara bsaki nai

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

@SoumyajitBhattacharyay

3 жыл бұрын

Yes income tax dena padega

@VijayKumar-bk9bq

3 жыл бұрын

@@SoumyajitBhattacharyay sir ispe kitana % dena pdta h

@SoumyajitBhattacharyay

3 жыл бұрын

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

which company gives most RSU ?

@SoumyajitBhattacharyay

3 жыл бұрын

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

nice'

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

3 жыл бұрын

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

carryy :)

@SoumyajitBhattacharyay

3 жыл бұрын

Haha

খুব ভালো

@SoumyajitBhattacharyay

3 жыл бұрын

Thank you ❤

Bro please use English how south indians can understand😭😭

Reflection on specs is annoying.

@SoumyajitBhattacharyay

2 жыл бұрын

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

light coming in your glasses

@SoumyajitBhattacharyay

3 жыл бұрын

Yes, I have removed my glasses since then 🔥

Do we pay double tax on RSUs?

@SoumyajitBhattacharyay

2 жыл бұрын

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

2 жыл бұрын

@@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

2 жыл бұрын

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. 🥲

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.

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

@SoumyajitBhattacharyay

3 жыл бұрын

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

@-RohitJaiswal

3 жыл бұрын

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

@SoumyajitBhattacharyay

3 жыл бұрын

I will ❤

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

@SoumyajitBhattacharyay

2 жыл бұрын

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

@cartmax8531

2 жыл бұрын

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

Who all came watching a thumbnail

Who are these people, who dislike the video?

@SoumyajitBhattacharyay

2 жыл бұрын

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

ek hi cheez par do baar tax

My personal opinion... English plz🙏🏻

@VijayKumar-bk9bq

3 жыл бұрын

nikal jao..yaha se hindi me hi ayega

@susovanghosh6050

3 жыл бұрын

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

@SoumyajitBhattacharyay

3 жыл бұрын

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

@susovanghosh6050

3 жыл бұрын

@@SoumyajitBhattacharyay RESPECT++❤️

@SoumyajitBhattacharyay

3 жыл бұрын

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

8@00

Bina kisi 😂😂😂😂 ke ...?