facebookInvesting in India (INR) got CAPITAL GAIN TAX 10%. Can avoid this by investing in Non-india domiciled ETF/Unit Trust? - Seedly

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Investing in India (INR) got CAPITAL GAIN TAX 10%. Can avoid this by investing in Non-india domiciled ETF/Unit Trust?

Whether these funds also internally pay the tax? Thanks

Discussion (1)

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The underlying fund always pays. Besides I don't think there are loopholes with Mauritus and Singapore domiciled funds with direct exposure, any longer. If you are holding long term (1yr) index funds or listed shares, a 10% long term capital gains tax on profits generated isn't as bad as the US dividend tax of 30%. Considering the alpha you generate with good stocks, this is just the cost of doing business.

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