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of <h1>Tax for non-resident Indians: 20% on investment income; LTCG 10% pre-23 July 2024, 12.5% post; plus tax on remaining income</h1> Where a non-resident Indian's total income includes investment income (other than from a specified asset) or long-term capital gains, tax is computed as the sum of: 20% on the investment income; long-term capital gains taxed at 10% for transfers before 23 July 2024 and 12.5% for transfers on or after that date; and the amount of tax that would be payable on the remaining income if the total income were reduced by those investment income and long-term capital gains.
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