FCNR 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...

A one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...

New Income Tax Return forms are here for Assessment Year 2026-27. A key change is a new field for a secondary address. Contact details are ...

NRI ITR filing changes: This year, income tax return filing will see changes due to the Income Tax Act amendments made via Budget 2024. Her...

Indian expatriates in the UAE must file their Income Tax Returns (ITR) for the financial year 2024-25 by July 31, 2025. Recent changes incl...

The simplification of ITR forms has been a welcome change for NRIs. However, e-verification of ITR form to successfully complete the filing...

NRIs must adhere to specific tax regulations under the Income Tax Act, 1961, including residency criteria and income classification. Key as...

ITR forms to use: When you file your income tax return, it is imperative to select either ITR 1 or ITR 2, based on your income sources for ...

Non-resident Indians (NRIs) are required to file Income Tax Returns (ITRs) if their income in India exceeds ₹2.5-3 lakhs, facing penalties,...

ITR forms: The important part of ITR filing process is to identify the correct the income tax return form applicable to their incomes. Fili...

NRI ITR filing: The income tax return filing for non-residents (NRI) is a painful process. This is because they are required to use ITR- to...

If an NRI's PAN is still inoperative, he or she must inform the appropriate jurisdictional Assessing Officer of their NRI status and provid...

While Non-Resident Indians NRIs are not required to obtain an Aadhaar number, the recent conclusion of the deadline for linking PAN and Aad...

If a person is eligible to receive an Aadhar Card number, they must link it with their PAN card in accordance with Section 139AA (2). The d...

The latest ITR-1 has introduced a new schedule 'Schedule DI' to allow an individual to claim the deductions from the gross total income for...

ITR-2 can be filed by individuals and Hindu Undivided families having income from any sources except income from profits and gains of busin...

This year, non-resident Indians will have even more trouble filing taxes because CBDT has introduced several changes in the tax filing spac...