TDS on income from investment in shares

For NRIs earning income from share investments in India, TDS is typically deducted, often at a higher rate than for residents. While there's no direct way to prevent TDS deduction entirely, you can claim a refund if the deducted amount exceeds your actual tax liability by filing a tax return. Any income accrued or received in India is taxable for NRIs, regardless of their residential status.