{
  "id": 14335536,
  "title": "UAE NRIs hope for lower taxes on India investments: What you could save",
  "url": "https://urgent.news/2026/10/14/uae-nris-hope-for-lower-taxes-on-india-investments-what-you-could-save",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T01:05:00.000Z",
  "source": {
    "name": "Gulf News",
    "slug": "gulf-news",
    "url": "https://gulfnews.com/your-money/taxation/uae-nris-hope-for-lower-taxes-on-india-investments-what-you-could-save-1.500709208"
  },
  "original_language": "en",
  "account": "UAE Indians investing in Indian stocks may retain a larger portion of their earnings if the Indian government reduces investment taxes, according to Finance Minister Nirmala Sitharaman’s remarks at a recent forum. Investors are hopeful that tax review discussions will take place ahead of the upcoming Budget. The Nifty 50, a benchmark index of Indian shares, saw a 1.6% increase as a result of this positive sentiment.\n\nTwo key taxes impact investors – securities transaction tax (STT) and long-term capital gains tax. STT is levied on both purchases and sales of certain investments, with a rate of 0.1% on each transaction. In contrast, long-term capital gains tax applies to the gains made from selling investments after holding them for over 12 months, with a 12.5% rate on profits exceeding Rs125,000.\n\nSitharaman signaled openness to hearing investors’ concerns about these taxes but refrained from making any concrete promises. SBI Research has proposed scrapping the long-term capital gains tax and introducing a longer holding period before triggering the tax. Though this remains a recommendation, not a policy, the suggestion has boosted investor confidence.\n\nFor example, if an NRI sells Indian shares after more than a year, with a profit of Rs500,000, and no other adjustments, the tax bill would be Rs48,750 after accounting for the Rs125,000 allowance, 4% health and education cess, and no surcharge. This amount excludes brokerage and other transaction costs. Removing either tax could substantially reduce the overall tax burden for NRIs.",
  "summary": "Dubai: UAE-based Indians investing in Indian shares could keep more of their profits if New Delhi reduces investment taxes, after Finance Minister Nirmala Sitharaman signalled willingness to hear investors’ concerns. Get updated faster and for FREE: Download the Gulf News app now - simply click here. Her remarks raised hopes of a tax review ahead of the February Budget. Indian shares rallied on…",
  "key_points": [
    "UAE NRIs could save on taxes if India reduces investment taxes",
    "Securities transaction tax (STT) and long-term capital gains tax impact investors",
    "Removing either tax could substantially reduce NRI tax burden"
  ],
  "editors_take": "Potential reductions in transaction and capital gains taxes would transform the profitability of Indian equity holdings for non-resident Indians living in the United Arab Emirates.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}