NRIs are concerned about paying double taxes when investing in India. That is not true if India and your country of residence have signed a treaty prohibiting double taxation (DTAA). Gains on stock mutual funds are taxed differently depending on how long they have been held. Investment income from short-term equity-based fund investments is taxed at 15%. Simplifysors is one of the leading mutual fund distributors, offering the best mutual fund investment plans for NRIs.
Published: May 24, 2022
Latest Revision: May 24, 2022
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