What are the tax implications for a UAE-based NRI trading in unlisted Indian shares?

An NRI investor asks if buying and selling unlisted shares below quoted prices through an NRO account could attract Indian ...
Tax Guru

Valid TRC Enough for DTAA Benefits; Mere Shell Company Allegation Can’t Override Treaty Protection

The ITAT Delhi ruled that a valid Tax Residency Certificate (TRC) issued by Mauritius is sufficient proof of residency to claim benefits under the India-Mauritius DTAA. The Tribunal rejected the ...
BW Businessworld

For NRIs, Smart Tax Planning Is Key To India Investments

When NRIs invest in Indian real estate or unlisted shares, the holding period and taxation rules are different. For example, for property held more than two years, LTCG of 20 % with indexation was ...

Stock Market Tax Issues: Is Inheritance and Gift Tax Next After Dividend Income Tax? [Why&Next]

This year, the major tax issues impacting the stock market were the relaxation of requirements for major shareholders and the introduction of separate ...

Income Tax Tribunal move to back 22% tax on capital gains sparks row

A tax tribunal's unusual decision has surprised many. It supported the tax department's move to charge 22% tax on capital ...