In brief
Tax treatment can differ for property, listed shares, mutual funds and inherited assets. The asset type, acquisition history and transfer date must be established before choosing a rate.
Start with Income Tax Department: Non-resident individual filing guidance (opens in a new tab)
Keep citizenship, tax residence and FEMA residence separate
These labels answer different questions. Your nationality or OCI card does not alone determine the year’s Indian tax treatment. Establish the relevant year, travel history, income sources and exceptions.
Your next steps
0 of 5 steps complete · Next: Describe the asset and ownership
Describe the asset and ownership
Next stepState what is being sold, by whom, and each owner’s share.
Build the cost record
Collect purchase costs, documented improvements and prior-owner records if the asset was inherited or gifted.
Fix the relevant dates
Record acquisition and intended transfer dates, and ask which date legally controls the calculation.
Request a written computation
Ask for the tax-year rules, holding-period treatment, permitted costs and any exemption conditions.
Separate cash withheld from tax due
Compare buyer or intermediary withholding with the computed liability, then plan the filing and credit process.
Suggested preparation sequence. Your authority may require a different order. Progress stays on this device.
What to have ready
0 of 4 preparedKeep documents in your own secure records. Tick what you have; nothing is uploaded.
Model the decision with your own figures
Prepare the dates, currencies, costs and amounts you know. Keep tax eligibility, provider access and uncertain assumptions on your adviser’s question list. The calculators show those assumptions explicitly.
For a return to India, add education, parents’ support, healthcare, partner income and locked funds to the household timeline. Bring supporting-tool figures into it only after reviewing timing, currency and overlap.
Questions to take to an adviser
- Which current provision and rate apply to this specific asset?
- What evidence supports the cost basis?
- What conditions and deadlines apply to any exemption?
Who can help
A CA before committing to the transaction or an exemption-related investment.
Check an adviser before paying or signingClaims, exceptions and the supporting evidence
Check what you may have heard
Source review: 5 September 2026 · Rules may change after this date.
Every investor pays 12.5% on all share and mutual-fund gains.
The ₹1.25 lakh aggregate annual threshold and 12.5% rate concern qualifying long-term equity gains with prescribed conditions. They are not a universal rule for every mutual fund; surcharge and cess can also matter.
UAE-resident NRIs pay no Indian capital-gains tax on mutual funds.
The treaty’s residual capital-gains clause can be relevant to qualifying fund-unit disposals. Entitlement depends on treaty residence, asset classification, applicable amendments and anti-abuse rules. The protocol alone does not settle every mutual-fund case or guarantee a refund.
Sources & review limits
Published by NRIdisha. Prepared with AI assistance. No individual author or qualified professional reviewer is credited for this guide.
Official sources support the statements they address. They do not certify this guide or your eligibility. Open the source and check current amendments before acting.
Income Tax Department (opens in a new tab) · Reserve Bank of India (opens in a new tab) · National Portal of India (opens in a new tab)
Return guidance for AY 2026–27. Check the period before using its section references.
Current filing forms, notices, tax records and taxpayer guidance.
Keep this page’s title, the exact statement and the official source. Email them to support@nridisha.com. Do not include personal documents.