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I am an NRI and have invested in Shares and mutual funds through bank.What is the taxation policy for returns.



I am an NRI and have invested in Shares and mutual funds through bank.What is the taxation policy for returns.

if u visit the following website and go to the frequently asked questions u will be definitely getting a lot of help
www.sharekhan.com
See your question has very little details .However assuming you have invested in equity shares of Indian listed companies , it is tax free for you if its long term capital gain. If short term , its 10 %. If you have purchased assets in foreign exchange , its different rates. Like wise for your investments , there are separate tax treatment.

you should give more details for proper answer or If you wish , you can visit my recently started blog wherein first topic I have taken is taxation of non resident.The address is http://q4tax.blogspot.com
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