RSU Quick Facts — Oracle India
| Parent company | Oracle Corporation |
| Stock ticker | ORCL on NYSE |
| Brokerage account | Morgan Stanley Shareworks |
| Indian employing entity | Oracle India Pvt Ltd |
| Typical vesting schedule | Annual — typically in December or January |
| LTCG holding period | 24 months from vest date |
| Schedule FA required? | Yes — report foreign shares as of Dec 31 |
| Typical grant size | IC3–IC4 grants are typically 500–2000 units over 4 years. |
How Are Oracle 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. Oracle India Pvt Ltd deducts TDS on this amount. Oracle India deducts TDS at vest. Annual vesting means a single large perquisite event per year — plan advance tax accordingly.
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 Oracle India
Sell-to-cover: Usually yes — Morgan Stanley sells shares to cover withholding tax.
Your Form 16 from Oracle India 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 Morgan Stanley Shareworks.
Your Morgan Stanley Shareworks Account
Access Morgan Stanley Shareworks (shareworks.morganstanley.com) for vest details and tax documents.
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 Oracle 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 Oracle 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.