income Archives | Pravasi Samwad

New Income Tax Act Retains NRI Residency Rules; ₹15 Lakh Threshold Remains Key

Indians living abroad must track their stay in India, domestic income and overseas tax status to determine residency and income-tax

NRI Tax Rules: UK Stock Losses Cannot Offset Gains on Indian Shares

Current rules also allow some former Indian residents to disclose previously unreported US investments under FAST-DS 2026 PRAVASISAMWAD.COM For Non-Resident

Buying Property from an NRI Gets Easier from October 1: TAN Requirement Removed

Resident individuals and HUFs will be able to use PAN and the new Form 141 to report and deposit TDS

NRI Remittances to Parents in India: Missing Documentation Could Invite Tax Scrutiny

Family transfers from NRIs are generally tax-exempt, but maintaining a clear record of the source and purpose of funds can

NRI Tax Rules: Interest on NRE, NRO and FCNR Accounts Explained

Interest earned by NRIs is treated differently depending on the type of bank account, with NRE and FCNR deposits generally

ITAT Rules Foreign Salary Credited to NRE Account Not Taxable for NRIs

Tribunal sets aside ₹12 lakh tax demand, reaffirming tax treatment of overseas earnings for non-resident Indians PRAVASISAMWAD.COM In a significant

UAE-Based NRIs Urged to File Indian Tax Returns Before July 31 Deadline

Tax experts advise overseas Indians to avoid last-minute errors as the income tax filing deadline approaches PRAVASISAMWAD.COM With the deadline

ITAT Ahmedabad rules foreign salary in NRE account not taxable in India

The ruling reinforces the settled legal position that foreign salary earned and received outside India by a non-resident is not

Budget 2026 offers five-year tax relief to NRI professionals visiting India

Experts note that the real impact of the proposal will depend on how clearly the notified schemes are defined and

NRI Income Tax in India (2025): Rules, Slabs, ITR Forms & Capital Gains Explained

PRAVASISAMWAD.COM Non-Resident Indians (NRIs) are subject to Indian income tax only on income earned or received in India.