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 from ESPP: Applicable Tax Rate and Indexation Benefits on Sale After Three Years A resident individual holding shares in a foreign company through an Employee Stock Purchase Plan (ESPP) received dividends after withholding tax. The discussion focuses on the taxation of these dividends in India, specifically questioning the applicable tax rate for such foreign dividends and whether indexation benefits apply if the shares are sold after three years.