A US-based son, Mr. Bussi, successfully challenged an Indian income tax notice after depositing Rs 11 lakh cash into his parents' account d...

NRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...

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...

Indian wealth is increasingly seeking global anchors, with GIFT City, Dubai's DIFC and Singapore emerging as key contenders. Each hub offer...

Global uncertainties are making Non-Resident Indians rethink their investments. Many are now considering moving wealth back to India, seein...

Finance Minister Nirmala Sitharaman proposed tax relief measures in Union Budget 2026. Non-residents under presumptive taxation will be exe...

The Bombay High Court has delivered a significant ruling on dividend taxation for foreign companies. Dividends paid by Indian subsidiaries ...

Mutual funds taxation for NRI: From FY 2024-25, the capital gains taxation rules were revised for all asset classes, including mutual funds...

LTCG tax for NRIs on unlisted shares: The finance minister has amended the budget proposals to remove the benefit of foreign currency adjus...

NRIs remain a key segment for wealth managers due to India's growing economy and attractive investment opportunities. Wealth managers must ...

The pandemic led to work flexibility, impacting NRIs with significant tax implications. The article discusses tax laws, DTAA, Act exemption...

Residential status plays an important role to determine how income earned by an individual is taxed in a country. If an NRI stays in India ...

The new rule was announced before the pandemic-induced travel restrictions. It can unintentionally impact all those NRIs/PIOs who had come ...

As NRIs, investing in Indian markets need not be a burdensome task. Today, in the post-pandemic world processes and procedures have swiftly...

The tax rules for NRIs are quite different from those that apply to resident citizens and are subject to very elaborate tax reporting.

The US continues to be a top destination for students going abroad to study. We will look at the tax implications for students going to US ...

NRIs should consider provisions of the relevant Double Taxation Avoidance Agreement to avoid tax complications. Avoid gifts in cash to keep...