Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Yes, all profits received by NRI on sell of BSE and NSE-listed shares, derivative contracts, and ETFs are subject to tax deducted at source (TDS). And, the net sale proceeds after taxes are credited to the NRI account.
Moreover, depending upon the nature of the NRI bank account whether NRE or NRO, TDS will be applicable. Interest earned by NRI on his NRE or FCNR account is tax-free while the interest received on the NRO account is subject to TDS.
Zerodha Trade@20
List of all questions Ask your question
