Non-Resident Indian (NRI) investors, the Indian government has now made a tax amendment that lowers the long-term capital gains (LTCG) tax levy on unlisted shares.
Big Relief NRI Investors Save Tax on Unlisted Shares in India
The Indian government has actually brought tremendous relief to NRIs by reducing the LTCG tax on unlisted shares from 30% to just 10%. This reform not only fosters equitable taxation but also inspires NRI investments in Indian private companies and startups. It makes taxation easier to file and invites global Indians to become a part of India's growth story. This step puts India in sync with international tax practices. read this blog understand big relief NRI investors save tax on unlisted shares in India.
