The returns forms have three categories under residency: Resident, Non Resident and Resident but Not Ordinary Resident (RNOR).

NRI industrialists here have expressed apprehensions about proposed DTC, which may tax their properties and foreign currency deposits in In...

A new provision in the Wealth Tax Act is likely to impact NRIs who have returned to India, especially those with significant asset holdings...

Leading NRI industrialist Lord Swraj Paul has said that the Union Budget for 2012-13 has taken the reality of India's situation.

Deferring of DTC may come as a relief for NRIs as the proposal would have impacted all those NRIs who visited India frequently.

The NRI community in the Gulf region had mixed feelings for the Budget, as some of them welcomed the hike in duty on gold while some others...

Sandeep Shanbhag is a Chartered Accountant and Director of Wonderland Consultants, a tax and financial advisory firm in the business for ov...

In the upcoming Union Budget, govt should consider bringing NRIs at par with the resident Indians in terms of their investments and taxatio...

Tax deduction at source is perhaps one of the biggest pain points for a NRI's transactions. The budget could do well to address some of the...

DTC is expected to become effective, at least partly, from the 1st of April 2012. A few provisions of the DTC are a little harsh for Non Re...

The recent depreciation in the rupee provided a great opportunity for Non Resident Indians (NRIs) who were looking at remitting funds to In...

Currently, foreign individuals are allowed to invest in Indian bonds only as a sub-account of a foreign institutional investor (FII).

With projected GDP growth rates of 7% upward, India promises to be a good investment even in the future.

Tax deduction at source (TDS) is perhaps one of the biggest pain points for a Non Resident Indian’s (NRI) transactions. The budget could do...

According to Nasscom Indians on H1 and L1 visas pay almost USD 1 billion in social security taxes in the US annually, without getting the b...

Over the last many years, the Reserve Bank of India (RBI) has, as part of its liberalization program made it easier for Non Resident Indian...

NRI promoted fast food chain ChicKing Fried Chicken is planning to open 200 global outlets, including 100 in India, by 2012 with a Rs 200 c...