Worked in the US, UK or Canada? Form 40 can help Indians defer income tax liability on foreign pension accountsIndian residents with foreign pension accounts like 401(k) from working in the US, UK, or Canada can now defer India tax liability. By fili...
02 Jun, 2026, 07.11 AM IST
US death tax trap: Uncle Sam's wealth puzzle leaves rich Indians worried for their kidsRich Indian families are racing to shield booming US stock portfolios from America’s 40% inheritance tax, but face complex FEMA and LRS hur...
27 May, 2026, 01.37 PM IST
Is tax-exempt income in India also exempt in the US for NRI?ET Wealth Reader's Query: If an income is tax-exempt in India, is it also exempt in the US for an NRI? For instance, interest on NRE accoun...
19 May, 2026, 12.16 PM IST
FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR 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...
29 Apr, 2026, 01.35 PM IST
GIFT City vs Dubai vs Singapore: What you need to know while choosing your investment hubIndian wealth is increasingly seeking global anchors, with GIFT City, Dubai's DIFC and Singapore emerging as key contenders. Each hub offer...
26 Apr, 2026, 09.27 PM IST
GIFT City investment edge for NRIs: Tax benefits and global investment access with new insurance opportunityNRIs now have a new investment avenue through GIFT City. This international financial hub provides access to global markets and tax-efficie...
24 Apr, 2026, 06.23 PM IST
Income Tax dept seeks details from NRIs, offshore firms on unlisted share deals, flags valuation and fund source concernsIndia’s tax department has asked NRIs and offshore entities to justify investments in unlisted shares, seeking details on fund sources and ...
22 Apr, 2026, 10.36 AM IST
Six big TDS & TCS changes for Tax Year 2026-27: From TDS on NRI property to TCS on overseas remittance for education, know all that has changedNew tax rules for Tax Year 2026-27 begin April 1, 2026. Key changes affect TDS on NRI property and TCS on overseas remittances for educatio...
07 Apr, 2026, 02.31 PM IST
NRI status and tax: Job search abroad part of non-resident stay, rules Mumbai ITATThe Income-tax Appellate Tribunal in Mumbai ruled that days spent abroad for job searching count towards non-resident status if time in Ind...
15 Mar, 2025, 09.17 AM IST
Decoding tax rules for NRIs working remotely from India for foreign employersThe pandemic led to work flexibility, impacting NRIs with significant tax implications. The article discusses tax laws, DTAA, Act exemption...
31 Mar, 2024, 12.51 PM IST
NRIs cannot submit Form 15G/H: What can they do to lower TDS on income from India?Any income earned by Non-Resident Indian (NRI) in India is subject to tax in India. The incomes are credited into the NRI account after TDS...
11 Apr, 2023, 10.47 AM 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
Paying Rent to NRI landlord? Deduct TDS, else pay penaltyAre you paying housing rent to a Non-resident Indian? If yes, then ensure that you are deducting tax before making a rent payment to the NR...
03 Nov, 2022, 10.17 AM IST
How India's new citizenship-based tax impacts Indians living abroadIndia has amended the residency rules in the Income-tax Act and introduced citizenship-based taxation effective from April 1, 2020. The ame...
18 Dec, 2020, 10.01 AM IST
How to open an NRO accountProof of residence abroad can be in the form of employment detail, student status, or a copy of the resident permit in the overseas destina...
04 Nov, 2019, 06.30 AM IST
NRI Real estate: Latest update on tax laws & assets abroadHere is a look at the latest update on the rules and laws governing real estate owned by non-resident Indians.
09 Nov, 2011, 12.00 PM IST
- Double Taxation Avoidance Agreements can lower tax bill for NRIs
NRIs should consider provisions of the relevant Double Taxation Avoidance Agreement to avoid tax complications. Avoid gifts in cash to keep...
16 Oct, 2007, 09.00 PM IST