Understanding Capital Gains: NRIs are taxed on capital gains from Indian equities depending on the type of investment and holding period..Short-Term vs Long-Term Gains: Equity gains held under one year are short-term and taxed higher, while long-term gains get concessional rates..Tax Rate on Long-Term Gains: Long-term capital gains above ₹1 lakh are taxed at 10% without indexation benefits for NRIs under Indian law..Tax Rate on Short-Term Gains: Short-term capital gains on listed shares are taxed at 15% for NRIs under Section 111A of the Income Tax Act..Double Taxation Avoidance Agreement (DTAA): DTAA helps NRIs avoid paying tax twice, once in India and again in their resident country..TDS on Equity Transactions: For NRIs, Indian brokers deduct Tax Deducted at Source (TDS) on capital gains before crediting sale proceeds..Repatriation Rules: NRIs must ensure sale proceeds are transferred via NRE or NRO accounts following RBI’s repatriation and FEMA rules..Filing ITR in India: Even if TDS is deducted, NRIs must file an Indian income tax return if taxable income exceeds the threshold..Using DTAA to Claim Refunds: NRIs can claim refunds or tax credits in their home country by submitting DTAA certificates during filing..Read More Stories.Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp