Very important and useful news for all the non-resident taxpayers of India is that they won’t face any taxes in India now. Authority of Advance Rulings (AAR) has held that the salary income of a nonresident individual for services rendered overseas cannot be taxed in India, even when such salary is paid into a bank … Read more
It is very important for the NRI to know about the income taxes he has to pay to the government of India. As per the income tax rules of the country, it is required that the non-residential Indian should submit a particular amount of his earning in the form of income tax to the country. … Read more
Income tax is definitely a very important thing for people to consider. Whatever a person earns, he has to share a portion of the same to the government so that the money could be utilized in the welfare of people and also in the country’s development. Even a person who is not staying in India … Read more
The implementation of the Goods and Services Tax (GST) by the Indian government is having a marginal impact on non-resident Indians (NRIs), according to tax experts. The impact is being mainly felt on remittances and NRO and NRE accounts. Generally, banking charges are around 100 to 200 rupees per remittance; therefore, an increase of three … Read more