RSU Quick Facts — Zomato
| Parent company | Zomato Ltd (NSE/BSE listed) |
| Stock ticker | ZOMATO on NSE / BSE |
| Brokerage account | Indian demat account (CDSL/NSDL) |
| Indian employing entity | Zomato Ltd |
| Typical vesting schedule | Per individual grant agreement |
| LTCG holding period | 12 months from vest date |
| Schedule FA required? | No — Indian listed |
| Typical grant size | Senior and leadership-level ESOPs/RSUs are common. Check your grant letter for unit count and vesting schedule. |
How Are Zomato 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. Zomato Ltd deducts TDS on this amount. Zomato is Indian-listed. Shares are listed securities — LTCG holding period is 12 months. STCG 20%, LTCG 12.5%. No Schedule FA requirement since it is an Indian company.
Stage 2 — When You Sell: The gain above the FMV at vest is capital gains. Shares are listed Indian securities — 12-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.
TDS & Sell-to-Cover at Zomato
Sell-to-cover: Not applicable — employer deducts TDS on perquisite value at vest. Shares are credited to demat account.
Your Form 16 from Zomato 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 Indian demat account (CDSL/NSDL).
Your Indian demat account (CDSL/NSDL) Account
Shares will be in your Indian demat account. Track vest events and perquisite value in your Form 16 Part B from Zomato payroll.
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 Zomato 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 Zomato 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 no Schedule FA needed for Indian-listed shares.
For more detail on the full ITR filing process, see our RSU Tax in India — Complete Guide.