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BRITISH TAX RESIDENT
Mumbai's faith, food and identity: The battle over sacred traditionsThe evolution of Mumbai from seven islands into a bustling urban center illustrates the ongoing tension between age-old traditions and cont...
On This Day in History, June 26: UN Charter signed, Indira Gandhi declares Emergency, Harry Potter debuts, Corvette day, Sher Shah Suri wins against Mughals and moreOn This Day in History, June 26 saw the signing of the United Nations Charter, Richard III's rise to the English throne, India's declaratio...
Starmer leaves No. 10 without ever managing to explain what he stood forKeir Starmer's premiership ended abruptly, overshadowed by Donald Trump's pronouncements. Despite a significant election victory, Starmer s...
RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
Pearl Harbor attack bombing survivor is keeping memory of Japanese attack at 106Even as the St. Louis headed into the Pacific Ocean, Johnson, whose job was known as a fireman on the ship, knew little about the attack.
FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...
UK’s non-dom tax changes could be driving out billionaires like Lakshmi MittalSteel tycoon Lakshmi Mittal is considering leaving the UK due to the end of tax benefits for non-domiciled residents. This follows the Labo...
HNIs leaving poor little great BritainIn an effort to rethink taxation policies, Britain's finance minister Rachel Reeves announced plans to amend the abolition of 'non-dom' sta...
No country for rich men! UK rule spawns 'tax travellers'UK-based Indian families including millionaires and recent migrants are planning to split their time across multiple countries to avoid a n...
HC stays Income Tax reassessment of PE Creations' investmentThe Delhi High Court has put a stop to the Income-Tax Department's reassessment proceedings into the investment made by private equity firm...
Rishi Sunak offers himself for independent review amid UK tax rowThe Indian-origin finance minister, who has been fighting back attacks over wife Akshata Murty's tax arrangements in India and also Opposit...
Rishi Sunak offers himself for independent review amid UK tax rowThe Indian-origin finance minister, who has been fighting back attacks over wife Akshata Murty's tax arrangements in India and also Opposit...
What is a non-dom? An expert answers our questions about the tax status claimed by Rishi Sunak's wife Akshata MurthyNon-domicile, or non-dom, is a British tax status that has been available since the French revolution - yes, that long. It allows a person ...
India-born Reuben brothers in UK's new Tax Haven Elite listThe Reuben brothers, who were born in India to a wealthy Iraqi-Jewish family before moving to Britain in the 1950s, made their fortune in m...
I-T department issues advisory concerning request for information from British Virgin IslandsAs many as 2,000 Indian names figure in the ‘Panama Papers’ and the I-T department wants officers to get procedures right while seeking inf...
Rich NRIs may have to pay more tax if Ed Miliband becomes PM of UKMiliband, who is in the running for Prime Minister in the May 7 general elections in the UK, announced that under a government led by him,
- Five tips to avoid any tax bloopers in India or abroad
If you have a job overseas or plan to emigrate, here's how to avoid any tax bloopers in India or the country where you choose to live.
- EU takes Luxembourg to court in tax haven dispute
The European Commission announced on Thursday it was taking Luxembourg to court over its alleged use of "non-domiciled resident" status for...
- Lex reflex
A key issue which arises for consideration in indirect taxation is whether a particular supply is that of goods or of services, so that eit...
- Execs’ foreign trips to be less taxing
In an order that would provide great relief to corporate executives going abroad for 182 days or more, the Authority for Advance Ruling (AA...