WebNov 26, 2024 · Section 194K - TDS on Income from Mutual Funds. The section 194K of Income-tax Act, 1961 was omitted from the act in the year 2016 to provide advantages to shareholders and increase liquidity in their hands. However, to maintain the same advantage a new tax regime has been re-introduced in the year 2024. WebApr 12, 2024 · If your portfolio goes up by 10 lakhs a year, you pay 3 lakhs tax even if you did not sell anything. Let us assume that the NRI holds ₹10 lakhs in Indian mutual funds and …
Input Tax Credit reversal on Sale of Shares/Mutual Funds - LinkedIn
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Should US-based NRIs sell off their mutual funds and stocks in …
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