Income Tax : Learn about tax compliance for NRIs under Income Tax Act 1961, including residency classifications, deductions, and tax treatment ...
Corporate Law : Understand key tax provisions for non-residents in India, including residential status determination, taxable income types, and im...
Income Tax : Let’s talk about the tax benefits you can enjoy as an NRI in India and on Income earned outside India. Many NRIs don’t realize...
Income Tax : The Finance Act, 2024, brought significant changes to the long-term capital gains (LTCG) tax on real estate sales. Notably, the LT...
Fema / RBI : Explore the Foreign Exchange Management Regulations, 2018, governing NRI/OCI property transactions in India, including acquisition...
Corporate Law : Pension Fund Regulatory and Development Authority (PFRDA) has now permitted Overseas Citizen of India (OCI) to enroll in National ...
Income Tax : ICAI released an e-book on Taxation of Non-Residents based on the law as amended by the Finance Act, 2018. The book contains fol...
Finance : Country's largest lender State Bank of India on Friday revised interest rates for deposits by non-resident Indians (NRIs) across m...
Finance : The government is working on procedures to enable NRI,s to vote soon. Addressing the curtain raiser press conference of PBD-2011, ...
Income Tax : The new legislation, introduced in Parliament on Monday, says an individual shall be resident in India in any financial year if he...
Income Tax : ITAT Delhi rules Section 56(2)(vii) inapplicable to non-residents, deleting Rs. 9.31 Cr addition for APL Logistics Vascor Automoti...
Income Tax : In a case involving Anand Persad Jaiswal, ITAT Delhi ruled that interest income earned by a non-resident Indian (NRI) from a forei...
Income Tax : Explore the critical decision in Souvik Mukherjee Vs ITO (ITAT Delhi) regarding taxation of a bonus received abroad, and how it im...
Income Tax : An in-depth analysis of the case Parag Bhikhubhai Patel vs ITO, exploring implications of using passports to confirm US tax reside...
Income Tax : Shri Duraisamy Shanmugasundaram Vs ITO (ITAT Chennai) As per assessee’s submissions, the money deposited in NRE account was with...
Fema / RBI : NRIs/OCIs are governed by provisions of FEMA 1999 and do not require prior approval of RBI for acquisition and transfer of immovab...
Fema / RBI : Provided that, in case of a combination of all or any of the entities mentioned in Sub-Clauses (i) and (ii) of clause 5.5.4.1 abov...
Fema / RBI : These guidelines will issue in modification of paragraph 2(e) of Press Note 4 of 2006 and will be effective from the date of issue...
Learn about tax compliance for NRIs under Income Tax Act 1961, including residency classifications, deductions, and tax treatment on global and Indian income.
Understand key tax provisions for non-residents in India, including residential status determination, taxable income types, and implications under Indian law.
Let’s talk about the tax benefits you can enjoy as an NRI in India and on Income earned outside India. Many NRIs don’t realize that the Indian tax system is pretty favorable, especially for those who mostly earn outside India.
The Finance Act, 2024, brought significant changes to the long-term capital gains (LTCG) tax on real estate sales. Notably, the LTCG tax rate on the sale of immovable property has been reduced from 20% to 12.5%, but the indexation benefits have been withdrawn. This change has a direct impact on Non-Resident Indians (NRIs) who are […]
Explore the Foreign Exchange Management Regulations, 2018, governing NRI/OCI property transactions in India, including acquisition, transfer, and compliance requirements.
Discover how NRIs can seamlessly transfer Indian assets to their children abroad with our comprehensive guide on estate planning, taxation, and FEMA regulations.
Discover essential financial steps and tax tips for NRIs, including converting accounts, trading restrictions, and leveraging DTAA benefits.
ITAT Delhi rules Section 56(2)(vii) inapplicable to non-residents, deleting Rs. 9.31 Cr addition for APL Logistics Vascor Automotive Pvt. Ltd. Read full order and analysis.
Discover top investment options and tax-saving schemes for NRIs returning to India, including FDs, NPS, equity, real estate, mutual funds, and ULIPs to maximize returns and minimize taxes.
NRIs visiting India should update KYC in banks, convert accounts to NRO, manage PAN and Aadhar, maintain an Indian mobile number, and address property and tax issues.
