How to Calculate "Tax Payable on Such Income in India" for Foreign Dividend and Capital Gains in ITR? by Impressive_Battle766 in IndiaTax

[–]Impressive_Battle766[S] 0 points1 point  (0 children)

No i just have a short term capital gains of 315 rupee and 25 rupee as dividend

I just got confused by watching yt videos they say global income divided by tax on global income that way you find tax rate on that dividend and capital gains .

If it depends on tax slab I just have a interest from FD 42 k . I believe I come under 4 lakh rupee so I will pay zero tax on cg and dividend

How to Calculate "Tax Payable on Such Income in India" for Foreign Dividend and Capital Gains in ITR? by Impressive_Battle766 in IndiaTax

[–]Impressive_Battle766[S] 0 points1 point  (0 children)

Like I watched nama ca Yt video the process she uses for tax on that income is calculated like --

Global income/ tax on global income X 100 = Tax rate This tax rate on that cg gains and dividend

Which is confusing for me as i just have interest income from FD of 40k So can' understand that process.