Gains from this fund are tax free in India. There will be no TDS or withholding tax on withdrawal. You may have to pay taxes in your country of residence as per local tax laws.
Gains from this fund like all inbound Mutual Funds are tax free in India. There will be no TDS or withholding tax on withdrawal. You are not required to file any ITR in India for this fund. You may have to pay taxes in your country of residence as ...
If you invest before 2.15 PM IST (T), you will receive the NAV of T+2 working days, and your units will be allocated on T+3 working days. Investments after 2.15 PM are not considered as T; in this case, T will be the next working day. Please note ...
Since inbound Mutual Funds are exclusively for NRIs, it’s ideal that you redeem all your GIFT city mutual fund (inbound/investing into India) investments prior to becoming a resident Indian. If not redeemed before becoming a resident Indian, the ...