Module 3
Taxation: Arising in India
Every global investment carries an Indian tax consequence, from the gain when you sell to the duty to simply report what you hold. This module is a working guide to all of it: the taxable events, the rates, and the reporting.
Chapters
Chapter 1
The Tax Foundation
Before any specific tax, one principle governs everything: as a resident Indian, your worldwide income is taxable here. This chapter builds that foundation and maps the taxable events, so the detailed chapters ahead make sense as parts of one connected picture.
Chapter 2
Capital Gains
The tax that matters most is the one you pay when you sell at a profit. This chapter works out exactly how it is calculated, how the 24-month holding period changes everything, and how currency quietly folds into the rupee gain.
Chapter 3
Dividends
When a foreign company pays you a dividend, India treats it as income and taxes it at your slab. This chapter covers the India-side treatment of all dividend-related taxation
Chapter 4
TCS on Remittance
TCS is the tax people fear most and understand least. This chapter explains why the 20% figure is not the cost it appears to be, but recoverable advance tax that comes back to you at filing.
Chapter 5
Reporting Holdings (Schedule FA)
Simply holding a foreign asset creates a duty to report it, even with no tax to pay. This chapter covers Schedule FA in detail and why the penalty for getting it wrong is so severe.
Chapter 6
Reporting Gains and Losses (Schedule CG and TSI)
Beyond disclosing what you hold, you must report what you earned and sold. This chapter covers the capital gains and foreign income schedules, and how a capital loss is reported to stay usable.
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