Vinod66
Joined: 12/29/2024
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RE: Capital gains tax on Indian Mutual Fund
Hi, I have stocks invested in India but when I sell the stocks CGT is 25% which will be deducted directly before paid to me. Also I have to file income tax returns EOY for the earnings/losses in India. Also I shall be reinvesting the earnings again in Indian stocks. In this case whether I should be paying tax in UK on the net earnings? Thanks,