(This article was published in LiveMint on August 30, 2022 and can be accessed from the link https://www.livemint.com/money/personal-finance/get-ready-for-a-change-in-direct-mf-platforms-11661795580130.html)
Tax Exemption on Indian Mutual Fund Gains for Certain NRIs
For Non-Resident Indians (NRIs) investing in Indian mutual funds, a recent development based on Double Taxation Avoidance Agreements (DTAAs) offers a potential tax advantage. The Income Tax Appellate Tribunal (ITAT) in Mumbai has ruled that capital gains arising from...
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