Deepika Sharma 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 country’s development. Even a person who is not staying in India but … 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
Income earned or accrued by NRIs in India is subject to tax in India. Section 195 of the Income Tax Act covers Tax Deducted at Source (TDS) on payments made by non-resident Indians. The rates and conditions for TDS are different for Non Resident Indians compared to Indians. From time to time the tax rules … Read more
The tax rules for NRIs are totally different from those who are residing in India. For paying the tax and to get the best benefit out of the same, one must understand well the tax rules first. A lot of confusion is there with regards to the tax rules for NRI and this is a … Read more
The laws for NRIs are all different from those of the residents of India. There are different norms for them for everything and this is what it goes their investment in India as well. Now coming to the investment of NRIs in India, then traditionally, NRIs have been more comfortable investing in real estate in … Read more
As per the income tax rules, the non-resident Indians also need to pay the taxes to the government. For helping the NRI’s we are always here with the best ideas and plans for the same. This is a very informative article, where we are going to highlight about the important tax saving tips for the … Read more
Understanding the NRI tax rules in India is definitely a complicated task to deal with. The tax rules for the non-residents are slightly different from the permanent citizens of India. On that series only, here we are going to highlight the five tax benefits for the NRIs that they will get while taking home loans … Read more
Goods and services tax is the most talked about thing in India for the year 2017 and hopefully it will remain the same in the upcoming years too and why not after all it is the single tax that is implemented on the entire nation. GST has many things for Indians and understanding the tax … Read more
For all the financial transaction in India, it is required that one should have the PAN card along with. Applying for PAN card is easy for the residents of India but those who are non-resident Indians for them it is actually a tough business to manage the same. The procedure to obtain a PAN is … Read more