Akansha Haerting
Joined: 9/5/2024
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Capital gains on mutual fund
I have mutual funds in India from before moving to the UK. Currently I'm a UK tax resident and dissolved the mutual funds but reinvested all of the principal and gains into other mutual funds in India. 1. Do I need to declare the gains and pay capital gains tax in the UK.? 2. In the future when I decide to repatriate the money, there will be tax deducted at source, can I avail exemption based on dtaa between UK and India