He is a non-resident Indian (NRI) having a non-resident external (NRE) account in India. I would like to know if earning dividends are taxable in India. KariaDividend income from equity shares of an Indian company is taxable in India effective FY22. For an NRI, dividend income shall be taxable at 20% (additional cess and surcharge as applicable). For a taxpayer resident in India, dividend income is taxable as per the rates applicable to his/her total income.

Source: Mint August 09, 2021 20:03 UTC