https://www.taxtmi.com/acts?id=51723 Resident individual employees of Indian companies (or their subsidiaries) engaged in specified knowledge-based industries who receive dividends on Global Depository Receipts purchased in foreign currency or long-term capital gains on their transfer are subject to specific flat tax rates for those incomes, with the remainder of total income taxed at prevailing rates. If gross total income consists only of such dividends, no other deductions are allowed; if it includes such income, that income is excluded from gross total income for deduction computation. Certain capital-gains computation provisions do not apply to these GDRs. en-us Thu, 14 Aug 2025 11:26:29 +0530 Wed, 27 Aug 2025 18:35:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51723 Resident individual employees of Indian companies (or their subsidiaries) engaged in specified knowledge-based industries who receive dividends on Global Depository Receipts purchased in foreign currency or long-term capital gains on their transfer are subject to specific flat tax rates for those incomes, with the remainder of total income taxed at prevailing rates. If gross total income consists only of such dividends, no other deductions are allowed; if it includes such income, that income is excluded from gross total income for deduction computation. Certain capital-gains computation provisions do not apply to these GDRs. Act-Rules Income Tax Thu, 14 Aug 2025 11:26:29 +0530 https://www.taxtmi.com/acts?id=51723