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NRI tax rules: What happens to losses on foreign shares?

Global Indians October 06, 2026 03:02 PM
NRI tax rules: What happens to losses on foreign shares?

I am an NRI living in the UK and left India in 2017 for employment. I regularly invest in the UK and India. Recently, I sold some UK and Indian stocks. I incurred a loss on the sale of UK stocks, whereas I earned gains on thesale of Indian stocks. Can I set off the UK capital loss against gains from Indian shares in my India tax return?

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