Like a resident tax payer, a non-resident is also entitled to the basic exemption limit
Question: My son is an NRI. He invests in listed shares and equity mutual funds in India. I would like to know if such earnings are taxable in India. As far as I know interest for NRI are not taxable but have no idea if dividends are taxable or not. Is he eligible for exemption limit of ₹2,50,000 like residents Indians.