Relates to:
Taxation,rates,Non,Resident,Indians,NRIs,Taxation rates for Non Resident Indians - NRIs, stocks,futures,commodity,forex,index futures,stock futures,commodity futures,forex futures,indian stock market,indian stocks,indian futures,indian commodities,indian stockmarket,forex...
About http://www.traderji.com/taxation-matters/774-taxation-rates-non-resident-indians-nris.html:
Taxation rates for Non Resident Indians - NRIs 1. Income Tax Rates No change in existing Income Tax Rate and Surcharge otherwise stated below. An...
Description:
Taxation rates for Non Resident Indians - NRIs Traderji.com - Discussion forum for Stocks Commodities & Forex > TOOLS & RESOURCES > Taxation Matters Taxation rates for Non Resident Indians - NRIs oom _new_users>FAQ . Thread Tools # 1 5th November 2004, 03:14 PM TATrader d by the MF. Short Term Capital Gain : Sec. 111A The tax on short term capital gains in respect of investments in equity shares and units of an equity oriented fund, if the transaction of sale is entered into a recognized stock exchange in India after a specified date and such transaction is chargeable to securities transaction tax shall be chargeable to tax at the flat rate of 11.22% (i.e. Income Tax 10% + Surcharge 10% + Education cess 2%) or in case of EOMF the units are redeemed by the MF. 4. Dividend Stripping Currently, to curb tax avoidance through dividend stripping, like shares, if units are purchase within a period of three months prior to the record date for declaration of dividend or dist...