Payment towards Long Term Capital Gains/ Income from investment to NRIs attracts TDS @ 10% of Long Term Capital Gains and 20% of investment income.

Anyone responsible for making any payment towards long term capital gain or towards income from investment to any Non- Resident Indian, the payer is required to deduct tax @ 10% on Long term Capital gain and deduct tax @ 20% on income arising from investment or long term capital gain from asset other than specified asset. The payer is obligated to deposit such tax deducted within 7 days [Section 115E].