Prøve GULL - Gratis
Tax playbook for NRIs selling listed bonds before maturity
Mint Mumbai
|June 18, 2025
I have been a non-resident Indian (NRI) living in Australia since 2010. In February 2013, I invested in a listed HUDCO bond with a 15-year maturity. I am now planning to sell this bond before maturity. What will be the tax implications in India for such a sale?
Would the gains be classified as long-term or short-term capital gains? What tax rate would apply for NRIs and would TDS be deducted at source? Are indexation benefits or any other exemptions available in this case?
—Name withheld on request
If you sell your HUDCO bond before its maturity, any profit from the sale will attract capital gains tax in India.
Denne historien er fra June 18, 2025-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
Centre rejigs RoC framework to make it friendlier, efficient
The ministry of corporate affairs has passed orders to roll out a revamped compliance and oversight system for companies and LLPs starting 1 January 2026-the biggest administrative shakeup in years aimed at improving both ease of doing business as well as regulatory efficiency, a person with direct knowledge of the decision said.
2 mins
November 06, 2025
Mint Mumbai
First, do no harm
India's government has put together governance guidelines for artificial intelligence (AI), a \"framework to ensure safe, inclusive and responsible AI adoption across sectors.\"
1 min
November 06, 2025
Mint Mumbai
IndiGo to ease off aircraft lease model that made it airline No.1
IndiGo Airlines, India's largest carrier, is steadily shifting to owning and financially leasing commercial jets in place of its earlier successful strategy of selling and leasing back planes, its chief executive said.
2 mins
November 06, 2025
Mint Mumbai
Large clients keep Indian IT afloat amid Al uncertainties
Large clients helped soften the blow from an artificial intelligence (AI)-powered upheaval for at least three of India's top five software services providers this year so far.
2 mins
November 06, 2025
Mint Mumbai
WILL FLIPKART'S BET ON GEN Z FASHION PAY OFF?
The e-commerce giant has seen its market share in fashion wear contract amid the rise of rivals Meesho and Ajio
9 mins
November 06, 2025
Mint Mumbai
Putin warns Russia may start N-tests
President Vladimir Putin said Russia has no plans to violate existing agreements on nuclear testing, but signalled that he’s ready to order them if US President Donald Trump moves forward with threatened US atomic weapons trials.
1 min
November 06, 2025
Mint Mumbai
Importers dodge platinum duty
A few bullion dealers and jewellers are exploiting a loophole in an import rule to avoid duty on platinum, making a neat 4—4.5% running into tens of crores, according to a top executive from a bullion trade lobby.
2 mins
November 06, 2025
Mint Mumbai
Diageo's India arm to review investment in RCB team owner
Diageo’s India arm will begin a strategic review of its investment in a unit which owns the Indian Premier League cricket team ‘Royal Challengers Bengaluru’ (RCB), the spirits maker said on Wednesday as it focuses on its core alcohol business.
1 min
November 06, 2025
Mint Mumbai
IndiGo preps for long haul even as rupee decline drags Q2
Interglobe Aviation Ltd’s (IndiGo) September quarter (Q2FY26) revenue grew 9% year-on-year, aided by optimized capacity addition, more passengers, and a better yield (a pricing metric).
1 mins
November 06, 2025
Mint Mumbai
Wall Street must work with a mayor it couldn't stop
Wall Street heavy weights failed to stop New York City voters from electing a democratic socialist mayor. Now what?
4 mins
November 06, 2025
Listen
Translate
Change font size