Non-Resident (NRIs, OCIs, Foreign Companies) Dividend Taxation – Shares, Mutual Funds
Background Non-residents (NRIs, OCIs, Foreign Companies) invest in india in various Mutual Funds, Shares. On this investment they earn two kind of income. One is capital gain on sale of these instruments, and other is Dividend. This dividend is declared and paid by the Company whose Shares or Mutual Funds they are holding. In India, … Read more