Tax Updates on Securities for NRIs and Residents After the Union Budget 2024

The Union Budget 2024 has brought about significant changes to tax laws affecting both resident Indians and Non-Resident Indians (NRIs). These changes primarily impact capital gains tax and Tax Deducted at Source (TDS) for investments in securities such as equity shares and mutual funds. Effective from July 23, 2024, these updates are important for investors […]