Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Know NRI taxes on Indian share buybacks
Mint New Delhi
|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.
Denne historien er fra April 15, 2025-utgaven av Mint New Delhi.
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 New Delhi
Mint New Delhi
Former DBS CEO is Temasek India's new non-exec chair
Piyush Gupta, the former chief executive of DBS Group, has joined Singaporean state-owned multinational investment firm Temasek as India chairman, albeit in a non-exec role, and will work with Ravi Lambah, head of India and strategic initiatives, the firm said. He will join on 1 December.
1 mins
November 29, 2025
Mint New Delhi
Apple's 5th India store to open in Noida soon
Apple announced on Friday it will open its fifth retail store in India on 1 December in Noida's DLF Mall of India—marking its second store in the National Capital Region after Delhi, which opened in April 2023.
1 min
November 29, 2025
Mint New Delhi
120 ways of cooking your vegetables
Restaurateur Camellia Panjabi's new cookbook is a deep dive into the country’s vast and varied vegetarian cuisine
4 mins
November 29, 2025
Mint New Delhi
Tiramisu is trending and nobody is complaining
Tiramisu, tiramisu latte, rasgulla tiramisu, masala chai tiramisu, tiramisu tres leches—it seems like almost every café or restaurant across the country has some version of the Italian dessert on its menu.
4 mins
November 29, 2025
Mint New Delhi
Former DBS CEO is Temasek India’s new non-exec chair
Piyush Gupta, the former chief executive of DBS Group, has joined Singaporean state-owned multinational investment firm Temasek as India chairman, albeit in a non-executive role, and will work with Ravi Lambah, head of India and strategic initiatives, the firm said, He will join on 1 December.
1 mins
November 29, 2025
Mint New Delhi
Everything that’s wrong with India’s development story
This new book inquires into the conditions under which India has tried to develop in the past 75-plus years
4 mins
November 29, 2025
Mint New Delhi
Two women navigate love and politics in Mumbai
This novel's charm lies less in plot twists and more in the lived-in world of the millennial women it depicts accurately
3 mins
November 29, 2025
Mint New Delhi
Art Deco feels in Indian fashion
The 100-year-old style has inspired design worldwide. Why doesn't it have a big presence in Indian fashion?
4 mins
November 29, 2025
Mint New Delhi
India hopes to seal US reciprocal tariff pact by end of Dec
India is looking to finalize a framework agreement on reciprocal tariffs with the US by the end of this year, said commerce secretary Rajesh Agrawal, marking a significant step toward resolving the strained bilateral trade between the two countries.
1 mins
November 29, 2025
Mint New Delhi
Mystery loves company
A Man on the Inside was one of Netflix's best shows last year. It was based on a delightful (and borderline unbelievable) Chilean documentary called The Mole Agent, created by the infallible Mike Schur (The Good Place, The Office (US), Brooklyn Nine-Nine, all streaming in India on Netflix) and starred the all-time king of sitcom comedy, the one and only Ted Danson.
3 mins
November 29, 2025
Listen
Translate
Change font size