TaxTMI Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Non-Resident Investors Face New 20% and 12.5% Tax Rates Under Clause 214, Streamlining Investment Income Taxation</h1> Concise Legal Summary:The document analyzes Clause 214 of the Income Tax Bill, 2025, addressing taxation for non-resident investors. The provision introduces a standardized tax structure for investment income and long-term capital gains, with a 20% rate for non-specified assets and 12.5% for specified assets. Compared to the previous Section 115E, the new clause simplifies tax calculations, removes grandfathering provisions, and potentially expands applicability. The legislative intent remains attracting foreign investment while ensuring tax compliance, though some ambiguities exist regarding definitions and scope of application.
TaxTMI 
TaxTMI 