Dividend Payments
Assist NRIs in repatriating dividend income earned from shares or other investments in India.
Problem Addressed:
High TDS rates and compliance requirements make transferring dividend income abroad challenging for NRIs.
Process Flow:
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1. Dividend Verification:
Confirm income received and applicable TDS deductions (10%). -
2.Tax Filing:
Report dividend income in annual tax returns. -
3. Repatriation:
Facilitate fund transfer to the NRI’s overseas account via authorized banks.
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