If you're a tax resident of a foreign country that doesn't tax capital gains and has a residual clause under ‘capital gains’ in its double taxation avoidance agreement with India, you're in luck.

Under the proposed new tax regime, income up to Rs 12 lakh for non-salaried class individuals and income up to Rs 12.75 lakh for salaried-class individuals are tax-free. But what if you are a salaried ...

However, there were no new ... help India maintain stability by preserving its competitive advantage. Likewise, stocks and equity will still be subject to a 15% tax on short-term capital gains ...

ITAT Mumbai held that as per circular no. 6 of 2016 dated 29 th February 2016, it is clear that it is the assessee who decides whether the shares are held as investment or stock-in-trade. Thus, here ...

This ITAT ruling will impact all NRIs investing in Indian mutual fund schemes, as the capital gains earned will not be subject to taxation in India. ( FE Online) The Mumbai income-tax appellate ...