Big Relief for NRI Investors: Capital gains on mutual funds not taxable in India
- Posted on April 14, 2025
- By Financial Express
- 4 Views
Big Relief for NRI Investors: Capital gains on mutual funds not taxable in India
The ITAT ruling will affect NRIs investing in Indian mutual fund schemes, as capital gains earned will not be taxed in India under the double taxation avoidance agreement between India and Singapore.
