NRI Capital Gains Tax — Shares, Mutual Funds & Investments
Tax and TDS on NRI gains from Indian stocks, mutual funds and other assets
- 1ReconcileEvery sale matched with cost and TDS.
- 2ComputeGains, losses and treaty position worked out.
- 3FileITR-2 filed; refund tracked.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About NRI Capital Gains Tax — Shares, Mutual Funds & Investments
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
NRIs pay tax in India on gains from Indian shares and mutual funds. For transfers from 23 July 2024, listed equity and equity funds held over 12 months are taxed at 12.5% on gains above ₹1.25 lakh a year, and at 20% if held for 12 months or less. Brokers and fund houses deduct TDS at source on NRI redemptions. Debt funds bought from April 2023 are taxed at slab rates. NRIs can't use the basic exemption limit to reduce these special-rate gains.
TDS on NRI redemptions is computed on the gain at the applicable rates plus surcharge and cess, so the ITR often shows a refund — especially when losses can be set off or gains are below ₹1.25 lakh for equity.
Unlisted shares are taxed at 12.5% if held for more than 24 months and at slab rates otherwise. A few treaties limit India's right to tax certain gains, so the country of residence matters; we check the DTAA before filing.
Our NRI capital gains service reconciles broker and AMC statements, applies grandfathering where relevant, offsets losses and files the ITR with the correct schedules.
| Listed equity / equity MF LTCG | 12.5% above ₹1.25 lakh (held > 12 months) |
|---|---|
| Listed equity / equity MF STCG | 20% (held ≤ 12 months) |
| Debt MF (bought from 1 Apr 2023) | Slab rates |
| Unlisted shares LTCG | 12.5% (held > 24 months) |
| NRI limitation | No basic-exemption adjustment against special-rate gains; no 87A rebate |
Who this is for
Common scenarios where this service is a good fit.
- NRIs with Indian demat or mutual fund holdings
- NRIs selling investments before or after moving abroad
- NRIs with excess TDS on redemptions
What you get
Clear deliverables so you know exactly what's included.
- Broker and AMC statement reconciliation
- Loss set-off and carry-forward
- DTAA review
- ITR filing and refund tracking
Expert review before every submission — not just data entry.
Working notes and reconciliations you can rely on in future notices.
Resident Indians, NRIs, expats and cross-border businesses — all served.
Documents required
A practical checklist. We'll tell you if anything else is needed based on your case.
* This is a base checklist. After a quick pre-check, we may ask for additional items specific to your case.
Process
A simple, trackable workflow — designed to avoid back-and-forth.
Every sale matched with cost and TDS.
Gains, losses and treaty position worked out.
ITR-2 filed; refund tracked.
Get a quote
We share a clear quote on WhatsApp after a quick checklist pre-check.
- Fixed quote on WhatsApp after a short look at your facts and documents.
- Government fees, if any, are paid at actuals and shown separately.
| Factor | DIY | Indus Tax |
|---|---|---|
| Expert review | ❌ | ✅ |
| Notice risk reduction | ❌ | ✅ |
| Deduction optimisation | ❌ | ✅ |
| Audit-ready records | ❌ | ✅ |
| AIS/26AS reconciliation | ❌ | ✅ |
Share your facts and deadline. We'll reply with the right checklist and a clear quote.
- CA reads your case before the call
- DTAA, property, capital gains covered
- Written summary + checklist after
- Fee adjustable if you engage us
Frequently asked questions
Answers to the most common questions we get.
This page also covers
- NRI stock tax
- Listed and unlisted shares.
- NRI mutual fund tax
- Equity and debt fund redemptions.
- NRI investment tax
- Bonds, deposits and other Indian investments.
Official sources
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
