Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are the taxes applicable on Non-resident Indian profits?

April 26, 2017applicable indian non-resident profits taxes

0

Posted

What are the taxes applicable on Non-resident Indian profits?

1 Answer

0

Posted

q Short Term Capital Gains : arises when a non resident Indian investor sells his investment within one year of his acquiring the same. STCG will be added to the regular income & taxed as per the existing Income Tax laws applicable to residents. q Long Term Capital Gain : arises when a non resident Indian investor sells an investment which he has held for more than one year. In case of LTCG, a flat tax of 20% is applicable for individuals and corporates.