RSU Quick Facts — Amazon India
| Parent company | Amazon.com Inc. |
| Stock ticker | AMZN on NASDAQ |
| Brokerage account | Fidelity NetBenefits |
| Indian employing entity | Amazon Development Centre (India) Pvt Ltd / Amazon Seller Services Pvt Ltd |
| Typical vesting schedule | Non-standard schedule — 5% at year 1, 15% at year 2, then 20% every 6 months |
| LTCG holding period | 24 months from vest date |
| Schedule FA required? | Yes — report foreign shares as of Dec 31 |
| Typical grant size | SDE II grants are typically $100K–$300K in RSU value over 4 years. |
How Are Amazon India RSUs Taxed? — The 2 Stages
Stage 1 — At Vesting: On each vest date, the Fair Market Value (FMV) of your shares is added to your salary as a "perquisite" under Section 17(2) of the Income Tax Act. Amazon Development Centre (India) Pvt Ltd / Amazon Seller Services Pvt Ltd deducts TDS on this amount. Amazon India deducts TDS on perquisite value at each vest. High vesting in years 3–4 can push total income into higher surcharge brackets.
Stage 2 — When You Sell: The gain above the FMV at vest is capital gains. Shares are treated as unlisted securities under Indian tax law — 24-month LTCG period applies. The LTCG rate is 12.5% without indexation (Finance Act 2024). STCG is taxed at your income slab rate (up to 30%). No TDS is deducted on capital gains — you must pay advance tax if your total gains tax exceeds ₹10,000.
Important: Must disclose shares in Schedule FA of ITR-2 as of December 31. Failure to disclose foreign assets attracts penalties of up to ₹10 lakh per year under the Black Money Act.
TDS & Sell-to-Cover at Amazon India
Sell-to-cover: Typically yes — Fidelity confirmation will show net shares after tax withholding.
Your Form 16 from Amazon Development Centre (India) Pvt Ltd / Amazon Seller Services Pvt Ltd (Part B) will show the cumulative perquisite value for the financial year. This figure is what you report under Salary in your ITR. Cross-check it against your vest statements in Fidelity NetBenefits.
Your Fidelity NetBenefits Account
Access Fidelity at netbenefits.fidelity.com. Download year-end Form 1042-S for tax records.
Keep the following documents each year: vest confirmation emails, annual brokerage statement, any Form 1042-S or withholding documents. These are your supporting evidence for the perquisite value and capital gains calculation.
Calculate Your Exact Amazon India RSU Tax — Free
Enter your vest quantity, FMV, sale price and income — the calculator handles perquisite tax, capital gains, DTAA and your net after-tax amount.
🧮 RSU Tax Calculator →ITR Filing for Amazon India Employees
File ITR-2 (or ITR-3 if you have business income). Report perquisite under Salary head, capital gains in the Capital Gains schedule, and foreign shares in Schedule FA as of December 31 of the previous calendar year.
For more detail on the full ITR filing process, see our RSU Tax in India — Complete Guide.