No. Following types of income are not subject to foreign-person withholding at a rate of 30% under section 1441:Broker proceedsShort Term OID (original issue discount)Bank deposit interestforeign source interestNasdaq listed stocks will likely fall under “broker proceeds” and is exempt.However, your tax information will be shared with Indian tax authorities (under IGA model 1 treaty) and can be subject to taxes in India.