Section 214 Income Tax Act 2025
Tax on investment income and long-term capital gains.
214. The income-tax payable on the total income of an assessee, being a nonresident Indian, which includes income specified in column B of the Table below, shall be the aggregate of income-tax computed at the rate specified in the column C applied on the corresponding income specified in column B.
TABLE
| Sl. No. | Income | Rate of Income-tax payable |
| A | B | C |
| 1. |
Income from investment.
|
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.
|
Rates in force.
|