Indians who have emigrated to foreign countries and have accumulated substantial wealth through work or business, can take advantage of Section 215 of the Income Tax Act, 2025, to invest in Indian securities without facing taxes on their sale. For instance, if you are working in Saudi Arabia and send some of your earnings back to India to invest in listed equity shares, you won't have to pay when you sell those shares, as long as you meet the conditions of Section 215 .
The government aims to promote investment from NRIs in specified Indian assets without imposing an immediate capital gains tax burden.
