Financial Education
Question #234
How will my Indian investments be taxed?
If the country you reside in has signed DTAA (Double Tax Avoidance Agreement)with India, your investment is subject to taxation in a single country only - either in India or in your country of residence. If not, your investment is subject to double taxation. What's tax free Interest earned on NRE / FCNR Account What's taxable Interest earned on NRO Account Dividend and Capital gains on shares listed in India and Equity oriented schemes The points pertaining to taxability hold true for the current income tax regime. However, they may be subject to change in the future.
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