Capital Gain on Securities

Capital gains on sharesand mutual funds.

Gains on Indian shares, equity funds, debt funds and ESOPs are taxed differently, and NRIs face TDS on every redemption. We compute the gains from your broker and fund statements, apply the grandfathering and exemptions, claim back excess TDS and report everything correctly.

Broker statements reconciledFees agreed in writingExcess TDS reclaimed

How securities are taxed.

Security	Long-term after	Long-term	Short-term
Listed shares, equity funds	12 months	12.5% above ₹1.25 lakh	20%
Debt funds bought from April 2023	Always short-term	Not applicable	Slab rates
Unlisted shares	24 months	12.5%	Slab rates
Listed bonds and debentures	12 months	12.5%	Slab rates

For listed equity bought before 1 February 2018, the cost can be taken as the higher of actual cost and the value on 31 January 2018.

TDS for NRIs.

Fund houses and brokers deduct TDS on gains paid to NRIs: 12.5% on long-term and 20% on short-term equity gains, plus surcharge and cess, and slab-type rates on debt fund gains. Because TDS ignores losses and other adjustments, many NRIs are due a refund. See TDS & Tax Liability India.

ESOPs and other cases.

ESOPsTaxed as salary on exercise, then as capital gains on sale, with the exercise value as cost.
Bonus and split sharesCost and dates follow special rules.
BuybacksTaxed as dividends since 1 October 2024.
LossesSet off and carried forward for eight years if the return is filed on time.

Why NRIs in the UK choose us for India tax.

Both sides of the border

We work with the India side of your tax while keeping your UK Self Assessment and treaty position in view.

Reviewed before filing

Every computation is checked by a second Chartered Accountant before anything is filed.

Fees agreed in writing

A written scope and fee before work starts, with no surprise charges later.

Secure and fully online

Encrypted document sharing and e-verification, so nothing needs a trip to India.

One team all year

Returns, TDS refunds, FEMA questions and property sales handled by the same team.

Plain-English answers

Clear explanations of what you owe, why, and what to keep for next year.

Securities gains for NRIs across the UK.

We prepare and file Indian income tax returns for NRIs, returning Indians and UK businesses with Indian entities, wherever they are in the UK. Everything is done online.

London

City of LondonCanary WharfHarrowWembleySouthallHounslowIlfordEast HamCroydonEdgware

South East

ReadingSloughMilton KeynesOxfordWatfordLutonCrawleyGuildford

Midlands

BirminghamLeicesterCoventryNottinghamWolverhamptonDerbyNorthampton

North of England

ManchesterLeedsBradfordSheffieldLiverpoolNewcastlePreston

East and South West

CambridgePeterboroughBristolSwindonSouthamptonBath

Scotland, Wales, NI

EdinburghGlasgowAberdeenDundeeCardiffSwanseaBelfast

Capital gains on securities FAQs.

After 12 months for listed shares and equity funds.

Yes. Fund houses deduct TDS on the gain, which can be reclaimed in the return if it is more than the tax due.

Debt funds bought from April 2023 are taxed at slab rates as short-term gains, whatever the holding period.

For listed equity bought before 1 February 2018, gains up to 31 January 2018 are protected by using that day's value as cost.

Sold Indian shares or mutual funds?

Send us your statements. We will compute the gains and reclaim excess TDS.

Review my securities gains +91 9819 000 511

This page is general guidance based on the Income-tax Act, 2025 and the rules and return forms as they stand. It is not legal or financial advice for your situation. Forms, eligibility and due dates can change each year, so please check with us before filing.