short term capital gains

  • FinanceSale of Shares

    Provisions for Tax on the sale of Shares/Mutual Funds by NRI

     What would the tax consequences be on current investments if a resident became an NRI for tax purposes? How much time can an NRI keep these investments? What tax consequences may arise if NRIs sell these investments? What would the taxability of dividends be if NRI kept holding shares? The NRI is permitted to maintain investments in India for as…

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