Double tax for NRIs if this form is not filed and this is not claimedNon resident Indian (NRI) taxation: NRIs have to pay double the tax on the same income if their favourable DTAA rates and tax releif claim ...
06 Sep, 2024, 01.08 PM IST
Despite being NRI you will be taxed as Indian resident if your income in India is above this; Know what else NRIs need to watch out while filing ITRITR for Non-resident Indians (NRIs): While filing income tax return (ITR) NRIs need to keep a close watch whether deemed residency status h...
03 Aug, 2024, 03.13 PM IST
Investing for NRIs: A comprehensive guide to opportunities and challengesNRIs have a plethora of investment options in India, ranging from equities and mutual funds to fixed deposits and debt funds. Understanding...
18 Aug, 2023, 04.05 PM IST
NRO savings account interest rate: SBI vs HDFC Bank vs ICICI BankBanks offer different interest rates on savings accounts, here is a quick comparison of SBI, HDFC Bank, ICICI Bank.
17 Jan, 2023, 12.03 PM IST
NRIs without PAN can manually file Form 10F till March 31, 2023, to avoid TDS on payments receivedThe Central Board of Direct Taxes (CBDT) has issued a notification on December 12, 2022 offering one-time relied to the non-resident taxpay...
05 Jan, 2023, 03.41 PM IST
TDS is compulsorily deductible from these types of NRI incomeAn NRI receives different types of income from India. However, if an NRI receives a certain types of income from India, then TDS will be ap...
09 Nov, 2022, 11.39 AM IST
How NRIs can use DTAA to avoid double taxation in IndiaResidential status plays an important role to determine how income earned by an individual is taxed in a country. If an NRI stays in India ...
24 Jun, 2022, 11.12 AM IST
A quick guide for NRIs while filing tax for the investment made in IndiaAfter ensuring PAN and eKYC, NRIs can easily invest in the Indian capital markets. They can invest in equity shares, mutual funds, national...
03 Jun, 2022, 01.27 PM IST
TDS to be deducted on annuity payable to Overseas Citizens of India, NRI NPS subscribersBased on a clarification received from IRDAI, it is hereby clarified that annuity payable by ASPs NRIs and OCIs will be taxed at source, at...
27 Dec, 2019, 12.07 PM IST
How NRIs can claim tax benefits under DTAANRIs residing in any of the DTAA countries can avail of benefits provided under DTAA by timely submission of residency certificate.
20 Jul, 2015, 03.34 PM IST
Budget 2013: Tax for NRIs receiving royalties/ fees from India to go upBudget 2013 saw a steep hike in the tax rate on royalties and fees for technical services that an Indian company pays to a NRI or a Foreign...
06 Mar, 2013, 06.40 PM IST
Budget 2013: What NRIs expect from the Finance MinisterThere is much the Budget can do to make tax procedures simpler for NRIs as well as to attract more NRI investments.
22 Feb, 2013, 09.48 PM IST
Budget 2012 should make TDS for NRIs less tediousTax deduction at source (TDS) is perhaps one of the biggest pain points for a Non Resident Indian’s (NRI) transactions. The budget could do...
27 Feb, 2012, 06.36 PM IST
How NRIs can claim TDS exemptionAny claim for reduced rate of TDS or exemption from TDS will be available only if you have a Permanent Account Number (PAN), so make sure y...
29 Nov, 2011, 05.24 PM IST
How DTAA provisions help NRIs avail reduced TDS rate on certain incomes in IndiaIf you are availing this lower rate, you would need to submit a tax residency certificate (issued by the country of your residence).
11 Nov, 2011, 11.01 AM IST
How to remit NRO account funds abroadIn order to remit funds from the NRO account, you would need to submit two documents: Form 15 CA and Form 15 CB. Check out the process.
24 Oct, 2011, 09.36 PM IST
- DTC Bill brings bad news for NRIs
As per the existing Income Tax laws, an NRI is liable to pay tax on global income if he is in India in that year for a period or periods am...
08 Sep, 2010, 03.30 AM IST