In the present work, Zinc oxide (ZnO) nanoparticles are synthesized using solvothermal technique. Polystyrene-ZnO (PS/ZnO) nanocomposite films are synthesized by solution casting procedure. PS/ZnO films are analyzed by XRD, FTIR and UV-Vis spectroscopic techniques. The addition of ZnO into the PS film is found to decrease the optical band gap (OBG) from 4.07 eV to 1.86 eV. Frequency dependence of dielectric constant (ε′), loss tangent (tanδ), ac conductivity (σac) and electromagnetic (EM) interference shielding effectiveness (SE) studies have been undertaken on the pure PS and PS/ZnO films. Insertion of ZnO into pure PS polymer matrix is found to enhance ε′, tanδ, σac, and SE considerably. The ε′ and tanδ were reduced with an enhancement in the frequency. σac of PS/ZnO nanocomposites was enhanced with rise in frequency and electrical conduction process in PS/ZnO film is in agreement with an electron-hopping model. EM interference SE is reduced with rise in the frequency. PS/ZnO films were proven as a favorable functional substance for the absorbing of EM waves at lower frequencies.