Any income tax liability on profits/capital gains earned on company shares while I was an NRI

josh (IT) (256 Points)

12 April 2021  

Hello Forum,

Please help in clarifying any tax liability in following case,

I was NRI between  1998 to  APRIL 2004 working for a foreign company outside india. During my employment , the company gave shares/stocks as part of annual performance bonus. I earned those stocks as part of my annual salary compensation.

I left the company and came back to India in 2004.

Now, after 16 years I found the shares of the company have increased sharply . I am planning to sell those shares/stocks now. I like to understand whether there will be any tax I have to pay in India for the profits/capital gains  earned on selling those company stocks ??? If I pay a tax on the profits/capital gains  earned in foreign country ( I still need to check on this ) do I need to pay tax in  india ?? Please clarify 

Thanks