NRIs must have had made some investments before leaving the country i.e. India and we will now analyse the cases of investments made in India. Just remember that investments made by you as an Indian resident, and now you redeem those investments as an NRI, the taxation will be different .

Case 1: PPF Investments

NRIs cannot extend the tenure of their PPF account.

Case 2: Sale of Shares

You must be having some investments as an Indian resident and when you sell those shares which are listed on a recognised stock exchange in India. If you hold stocks for more than a year and you have paid securities transaction tax (STT), you will not have to pay tax on the capital gain tax.

Tax Implications on Long Term & Short Term Gains for NRIs

Capital gains long-term or short-term-will be applicable when you redeem/sell your past investments.

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