Investment in foreign shares

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 June 2014 Is the sale proceeds and dividend on an investment made by an Indian national in foreign shares in his capacity as an NRI taxable in india?

11 June 2014 if the tax status is non-resident, than income earned outside India wont be taxable in India.

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 June 2014 The individual is a resident in the previous year, if he wishes to liquidate his investment this year will he be taxable? The investment was made as an NRI in a foreign country




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