Section-214: Tax on investment income and long-term capital gains

Section-214 : Tax on investment income and long-term capital gains

Section-214 provides for the special rates of taxes on investment income and long terms capital gains earned by non-resident Indians. Learn to understand the section-214 as it is, it's help and useful links to follow.

Here onwards, "Act" refers to "Income Tax Act 2025"

1. Section-214 as per act

The Income-tax payable, on the total income of an assessee, being a non-resident Indian, which includes income specified in column B of the Table below, shall be the aggregate of the amounts mentioned in column C thereof.

Sl No.	Income	Income-tax payable
A	B	C
1	Income from investment or income from long-term capital gains of an asset other than a specified asset.	20 %
2	Income from long-term capital gains on specified asset.	12.5%
3	Total income as reduced by income referred to against serial numbers 1 and 2.	Income-tax chargeable on such income.