Big Relief for NRIs: No Capital Gains Tax on Indian Mutual Funds
Non-Resident Indians (NRIs) from countries like the UAE, Bahrain, Qatar, Singapore, Mauritius, Hong Kong, Australia, the U.K., and others actively invest in Indian mutual funds to diversify their portfolios. India, being the fastest-growing major economy, continues to attract NRIs looking for better wealth creation opportunities. Mutual funds remain a preferred investment option for NRIs due…