New Delhi, July 7 -- I returned to India from the UK in March 2022 after working there for nearly 10 years. I continue to hold the savings that I accumulated during my residence abroad in my UK bank account. In March 2026, I used a portion of those funds to invest in a private technology startup incorporated in the USA by acquiring shares from early-stage investors in a privately negotiated secondary transaction. Will this investment give rise to any tax liability in India, given that I have used my overseas funds?

Since you have been living in India since March 2022, I assume that you are a Resident and Ordinarily Resident (ROR) in India for FY2025-26. As you made the investment in the US-based unlisted technology startup in March 2026,...