Taxes
Taxes
+1
Oct 16, 2024
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4 min read
Why UAE NRIs don’t pay capital gains tax on Mutual Funds (MFs) in India
UAE Non-Resident Indians (NRIs) are exempt from paying capital gains tax in India on profits from mutual funds under the India-UAE tax treaty. This makes Indian mutual fund investments highly tax efficient for NRI investors seeking to build long-term wealth. Go through this blog to understand why UAE NRIs do not have to pay capital gains tax on their mutual fund investments in India.
