मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Know NRI taxes on Indian share buybacks
Mint Ahmedabad
|April 15, 2025
I live in Dubai and hold 5,000 shares of an Indian company, bought at ₹200 each. The company plans to buy them back at ₹500 per share in May 2025. Will I be liable for buyback tax in India, or will the company handle it?
—Name withheld on request
Before amendments in the Finance (No. 2) Act, 2024, domestic companies paid a 20% buyback tax (plus surcharge and cess) on the distributed income, making it tax-exempt for shareholders, resident or not. With effect from 1 October 2024, Indian companies are no longer liable to pay tax on income amount distributed by it via share buyback. The tax treatment completely changed on account of the changes introduced vide the Finance (No. 2) Act, 2024.
यह कहानी Mint Ahmedabad के April 15, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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