Capital gains on foreign rsus
This query is : Resolved
06 December 2016
I'm Pawan Sharma based in Delhi. Recently I sold RSUs of my US based company.
Please refer following tutorial on short-term capital gain from Income-tax web-site:
https://www.incometaxindia.gov.in/tutorials/14- stcg.pdf
There is a new clause on capital gain from stocks, on page 6 and example on bottom of Page 7. It implies that even for stock-exchanges outside, section 111A would apply making the rate of taxation 15% similar to Indian stocks.
Does anyone know about this ? Does it apply to company listed on US stock exchange i.e. Nasdaq
Regards,
Pawan
Cell: 9560615449
Please refer following tutorial on short-term capital gain from Income-tax web-site:
https://www.incometaxindia.gov.in/tutorials/14- stcg.pdf
There is a new clause on capital gain from stocks, on page 6 and example on bottom of Page 7. It implies that even for stock-exchanges outside, section 111A would apply making the rate of taxation 15% similar to Indian stocks.
Does anyone know about this ? Does it apply to company listed on US stock exchange i.e. Nasdaq
Regards,
Pawan
Cell: 9560615449
06 December 2016
That may be old one. 30℅ rate applicable now.
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