Taxation of foreign Company dividend for Resident Individual

[jagadish nangathur chellappan]

Firstly, he has ESPP(Foreign Co. shares), On that he received dividend after withholding tax on Dividend. For resident individual global income is taxable, but query is

* If Dividend is taxable means at which rate in india

* whether indexation is applicable or not if he sold after 3 Years

AI Summary

Taxation of foreign dividends: resident individual's foreign ESPP dividends and applicability of Indian tax rate and indexation. Taxation of dividends on foreign company shares held under an ESPP by a resident individual, after foreign withholding tax; issues: whether those dividends are taxable in India as global income and the applicable Indian tax rate, and whether indexation applies on sale of the shares after three years.