What is the tax on dividend received from foreign listed securities?

Modified on Thu, 01 Feb 2024 at 01:06 PM

A percentage of TDS applies only on the customer’s dividend earnings. This is when stocks in their portfolio give out dividends to their investors.

US and India have a Double Taxation Avoidance Agreement (DTAA). This means that the customer pays tax only once. For the TDS done on the customer’s dividend earnings, the customer will receive a 1042 S form from DriveWealth.

Note : Percentage of deduction may vary based on the country of origin of the stock Eg for US originating stocks 25% is the TDS on dividend earnings."

Disclaimer: This article is for informational purposes only. None of the contents of this article should be treated as advice.

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