"CA Arun Tiwari, a Chartered Accountant and former EY employee, serves as the Chief Consultant of the NRI Desk and Influencer Desk at AKT Associates. He specialises in offering consultancy services tailored for NRIs and is dedicated to creating educational content to raise awareness within the NRI community. "
Learn about the significant changes to Indian income tax refund processing effective April 1, 2024, impacting both residents and NRIs. Understand why pending liabilities or compliance issues can now delay or block your refund, and get a step-by-step guide for NRIs to ensure timely refunds.
Receiving an income tax notice can be disconcerting, particularly for individuals who are not well-versed with tax laws and compliance processes. Nevertheless, knowing the importance of such notices and the right procedures to follow when receiving them can minimize anxiety and avoid unnecessary legal or financial issues.
Explore non-tax revenue, its sources, and how it supports government finances, reducing reliance on taxes and funding public services.
Delve into the comparison between the old and new tax systems for FY 2023-24 in India. Explore advantages, factors to consider, and make an informed decision.
Why NRI Receives Notices: Top Reasons and How to Avoid Them Introduction: Receiving an income tax notice can be stressful, especially for Non-Resident Indians (NRIs). The possibility of NRIs receiving notices up to 16 years after a transaction, particularly when they can’t recall all the details or lack the necessary documentation, adds to the anxiety. […]
Discover the significance of settlement agreements for NRIs facing disputes in India. Learn the process, key considerations, and ensure a swift resolution with expert advice.
Navigate the complexities of transitioning from NRO to NRE accounts seamlessly with this step-by-step guide. Understand RBI guidelines, update KYC details, open an NRE account, and ensure a smooth fund transfer process.
Explore intricacies of NRI residency status in Indian property transactions. Learn tax implications for resident and non-resident sellers, ensuring a seamless property sale process
Explore intricacies of new 20% TCS on NRIs’ remittances in India. Learn about exemptions, challenges, and strategic steps to recover additional tax burden.
Explore impact of high-pitch assessments in income tax on small taxpayers. Learn challenges they pose, the need for fairness, and solutions for a transparent taxation system.
