Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Is dividend income taxable for an NRI?

Yes, dividend income earned by an NRI from Indian companies is generally taxable in India. Tax may be deducted at source (TDS) before the dividend is credited to the investor's account.

NRIs may also be eligible to claim tax relief under the Double Taxation Avoidance Agreement (DTAA) between India and their country of residence, subject to applicable conditions and documentation requirements.