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INDIA US TAX IMPLICATIONS
Donald Trump welcomes Saudi-Turkey-Pakistan defence agreement, terms it as 'big, bold' stepSaudi Arabia, Turkey, and Pakistan have signed a joint defense agreement. US President Donald Trump called this pact a significant first st...- Moving back to India? What NRIs need to know about US tax obligationsFrom RSUs to retirement accounts, what returning Indians must settle before—and after—they land.
- ITR filing 2026: How freelancers and F&O traders should declare their incomeEarning income from futures and options trading or other side hustles? Cumbersome compliance, reconciliation and disclosures mean taxpayers...
- Higher education costs: How Indian parents and US-based NRIs plan and pay—and who is better placed?Except for a small number of government colleges of repute, the demand for good quality colleges far outstrips the supply in India. Higher ...
- India opens tax amnesty scheme for small taxpayers to declare select foreign assetsIndia's tax amnesty scheme for small taxpayers opened Sunday and runs until December 2026. This one-time measure aims to bring undeclared f...
- India cuts windfall tax on exports of petrol, diesel, aviation fuelIndia has reduced windfall taxes on petrol, diesel, and aviation fuel exports. The duty on diesel exports is now 24 rupees per litre, while...
- NRI used NRE account to buy Rs 79 lakh property, got ‘unexplained cash’ tax notice; ITAT Ahmedabad grants full reliefNRI used money from his NRE bank a/c to buy property for Rs 79 lakh, files no ITR; tax dept sent notice for unexplained cash; he wins case ...
- Global Market: China, Hong Kong stocks fall as liquidity tightens ahead of Unitree IPOChinese and Hong Kong stocks declined Friday as tightening liquidity, cautious positioning ahead of corporate earnings and property-sector ...
- Powerball jackpot resets to $20 million for August 15 drawing after Illinois ticket wins $1.04 billion jackpot Wednesday nightA solitary ticket from Illinois struck gold in the Powerball lottery on Wednesday, winning a jaw-dropping $1.04 billion jackpot and ending ...
- ET World Leaders Forum: EAM Jaishankar to speak on India’s foreign policy amid global tensionsExternal affairs minister S Jaishankar will be a lead speaker at The Economic Times World Leaders Forum on August 22, addressing India’s fo...
- Trump White House says it's losing $19B-$26B a year in revenue as countries dodge tariffsA new US report claims countries route exports through third nations to avoid tariffs. This practice, known as transshipping, costs the Uni...
- Gold shines despite duty hike, silver imports tumble 66% in JulyGold imports rose slightly in July, while silver imports significantly declined. This trend followed a sharp increase in the customs duty o...
- TTFI flags implications of suspension, urges Ministry to reconsider orderThe Table Tennis Federation of India requested the Sports Ministry to reconsider its suspension order. TTFI stressed the importance of its ...
- From property prices and weddings to tax-saving investments: 7 money mindset almost every Punjabi family followsA social media post shared by the tax help desk account highlighted seven humorous money habits associated with Punjabi families. The obser...
- NRI selling property in India: Should sale proceeds go to an NRE or NRO account? Know repatriation limits and RBI rulesAre you an NRI looking to sell your property in India after relocating abroad? It's essential to understand the process of repatriating you...
- India's net direct tax collection rises 23% to Rs 8.11 lakh crore as of August 10India's net direct tax collections grew 23.09 percent year-on-year to Rs 8.11 lakh crore. Gross direct tax collections increased 19.75 perc...
- India examining Mecca Joint Defence Agreement's impact on national security, regional stability, says MEAIndia is closely examining the new Mecca Joint Defence Agreement signed by Saudi Arabia, Pakistan, and Turkey. This trilateral pact establi...
- How should my NRI children disclose gifts received from relatives in ITR-2?ET Wealth Reader's Query: My two NRI children are unable to find a field in ITR-2 to disclose gifts received from relatives. The Income Tax...
- CBIC directs CGST zones to track illegal mining, curb tax evasionCentral tax authorities are taking proactive measures by partnering with state mining departments to address the issue of illegal mineral e...
- NPS for NRIs: Who can invest, tax benefits, eligibility, withdrawal rules explainedNon-Resident Indians have the opportunity to secure their retirement through investment in the National Pension System (NPS). This program ...
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