Taxation Archives | Page 3 of 3

Attracting wealthy NRIs key to India’s economic growth

India’s tax framework deters NRI wealth, preventing the country from tapping into its global diaspora’s potential for economic growth PRAVASISAMWAD.COM

Essential tips for NRIs to avoid financial pitfalls by mastering NRO and NRE accounts

By proactively managing NRO and NRE accounts, NRIs can safeguard their financial interests and avoid unnecessary complications Following these steps

Indian tax authorities target undisclosed Dubai properties owned by wealthy Indian citizens

As the FAIU continues to scrutinize these foreign investments, wealthy Indian citizens owning Dubai properties are advised to review their

Income Tax Tribunal exempts NRI gift from taxation due to proven genuineness

The ITAT ruled that the Rs 20 lakh gift was legitimately exempt under Section 56(2)(x) of the Income Tax Act,

NRIs face scrutiny from Indian tax authorities over foreign assets and residency status

To mitigate risks, tax professionals suggest that NRIs provide clear and comprehensive replies to any inquiries and ensure that all

Oman to introduce Income Tax, impacting over 600,000 Indian expats

As Oman moves forward with its plans, the introduction of an income tax could mark a significant change for many

New LTCG rules impact NRIs: Higher tax rates and loss of foreign currency adjustment

These changes may influence investment decisions, particularly as NRIs reassess the potential returns on their Indian assets PRAVASISAMWAD.COM The recent