Trump’s Remittance Tax to hit Indian students, NRIs hard India braces for economic ripple Though the 1% tax may seem modest, its broader implications for Indian families, students,
Indian tax authorities focus on overseas property investments The move aims to enhance transparency and prevent tax evasion, reflecting a broader global effort to ensure financial transparency PRAVASISAMWAD.COM
Singapore banks target India’s ultra-rich To capitalise on the global flow of funds, banks such as HSBC, Citi, Deutsche Bank and Singapore’s DBS Bank emphasise
Get tax clearance certificate from Income Tax before travelling abroad The existing provisions under the Income Tax Act for taxpayers planning to leave India remain unchanged The Finance Ministry
Rahul Gandhi vows to address NRIs budget concerns after meeting IOC delegates IOC convener Rajwinder Singh revealed Rahul Gandhi will visit Canada before the Canadian Federal elections and then proceed to Europe
Indian Budget 2024: Comprehensive tax reforms for residents and NRIs Overall, the Union Budget 2024 introduces significant tax reforms aimed at creating a fairer and more efficient taxation system, impacting
GIFT City Emerges as a Preferred Investment Hub, Surpassing Mauritius and Singapore The Securities and Exchange Board of India (SEBI) has recently allowed FPIs established in GIFT City to accept more substantial
UK NRI tax concerns escalate amid government overhaul Experts indicate a pronounced uptick in inquiries from NRIs residing in the UK as the government’s plan, slated to take
NRIs, OCIs point to double taxation Overseas Citizens of India (OCIs), according to recent survey findings, are upset with double taxation. Amongst respondents, 14.11 per cent
Understanding Residential Status under the Income-tax Act, 1961 Determining the residential status of an individual is pivotal in the realm of taxation under the Income Tax Act, 1961.