For non-residents, only income earned, received or accrued in India is taxable Q. If someone goes out of the country for a year for a programme where the host country is an employer, and the person pays taxes in that country,…
Read more
As a Non Resident Indian, NRIs have typically two different countries to pay taxes into, unless the resident country comes under the DTAA of India, in which case, NRIs just have to pay taxes in one country. But paying taxes…
Read more
A Non- Resident Indian (NRI) who has income, that is earned or accumulated in India, is liable for taxation. Section 195 of the Income Tax Act covers Tax Deducted at Source (TDS) on payments made by NRIs. The rate &…
Read more
The Indian real estate market is considered as one of the beneficial investment for NRIs. The challenge for NRIs is to look for a property to invest. On one hand, with rupee touching all-time lows against the dollar, investment in…
Read more
Unique Identification Authority of India (UIDAI) has issued a unique 12-digit identification number, called Aadhar, which not only serves as proof of identity and address, but also enables Indian residents to avail of various government subsidies. NRIs, who have not…
Read more
11 Important things that every Property owner must keep in mind If you are a NRI and have a property in India, you might want to rent out your property to a tenant. Before you rent out your property, you…
Read more
Tax rules for NRIs (non-resident Indians) who are selling a property in India are different from the rules that are applicable to Indian sellers. In this edition of our NRI Knowledge Series, let us examine what would be tax liability…
Read more
As tax season approaches, you’re going to need to compile all the information about your finances that you possibly can. Your yearly income isn’t the only thing you’ll need. Capital gains are profits that an individual receives from an appreciation…
Read more
Dematerialisation offers you flexibility along with security and convenience. Nowadays, holding share certificates in physical format carries risks like certificate forgeries, loss of important share certificates, and consequent delays in certificate transfers. Dematerialisation eliminates these hassles by allowing customers to…
Read more
If You are a NRI and have got Real estate property in India then you have got some options for creating liquidity. Option 1: Loan against Property: If the NRI is looking for use of funds in India this option…
Read more