Taxation of foreign capital gains for Indian residents

Question

How are capital gains on specifically foreign stocks taxed in India for Indian residents? Are they added to income and taxed at ordinary tax rates? If yes, can capital losses be deducted from ordinary income? Or are capital gains taxed at different rates?

Dheer · Answer

Capital gains are taxed at 10% for short term and 20% for long term (holding more than a year).

The taxes are applicable if overall taxable income is above taxable threshold. I.e if you are only making say Rs 2,50,000 Including capital gains,  no taxes...

Taxation of foreign capital gains for Indian residents

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