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NRIS TAX PROPOSAL
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
RBI's foreign capital push reflects rising inflation, slowing growth concerns: ReportThe Reserve Bank of India is introducing new measures to attract foreign investment. This move aims to tackle rising inflation, slowing eco...
RBI expects healthy foreign capital inflows, better balance of payments after easing measuresThe RBI is introducing new measures to attract foreign investment. These steps aim to boost capital inflows and improve India's balance of ...
India makes big moves to attract foreign investments in bonds: How will this impact stock market?India has unveiled significant measures to attract foreign investment, including tax exemptions on government securities and increased inve...
Govt scraps capital gains tax on foreign investment in bondsIndia has eliminated long-term capital gains tax on FII investments in government securities, effective April 1, 2026, to attract foreign c...
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...
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 ...
American woman living in Bengaluru says Indians are overtaxed, urges NRIs to be taxed tooAn American woman living in Bengaluru proposes taxing non-resident Indians to alleviate the tax burden on residents and curb brain drain. H...
New Income Tax Bill leaves the definition of NRIs & residents unchangedThe upcoming Income Tax Bill has left tax residency criteria unchanged, providing relief to Non-Resident Indians. NRIs earning Rs 15 lakh o...
LTCG rules for unlisted shares for NRIs changed; tax rate hiked 25% & foreign currency adjustment removedLTCG tax for NRIs on unlisted shares: The finance minister has amended the budget proposals to remove the benefit of foreign currency adjus...
How will the Budget 2024 changes affect NRIs?Finance Minister Nirmala Sitharaman, in the first full Budget under the Modi 3.0 government, unveiled several initiatives aimed at enhancin...
Breaking down the budget, from an NRI's point of viewThe raising of the tax audit limit for NRIs from Rs 5 crore to Rs 10 crore is a welcome step. Even so, the TDS rules continue to be a major...
SC tells CBDT to address NRI tax fearsDosa chain Saravana Bhavan moves Madras HC after being turned away from Income Tax Settlement Commission
Budget 2020 the day after: NRIs' bona fide foreign income won't be taxedThe government said the provision was an “anti-abuse” one and will only apply to income that is generated locally.
Budget 2013: What NRIs should know about the FM's proposalsIndian economy is looking at sources to inject funds. NRIs are an important audience that can augment this financial requirement.
Budget 2013: Measures that will impact NRIsIf you are a non-resident receiving royalties from India for any technical services provided, the tax rate will now be 25% instead of 10%.
NRIs fear DTC taxing properties in India: SICCINRI industrialists here have expressed apprehensions about proposed DTC, which may tax their properties and foreign currency deposits in In...
Budget 2012 and its impact on NRIsDeferring of DTC may come as a relief for NRIs as the proposal would have impacted all those NRIs who visited India frequently.
Budget 2012: Five things NRIs wantTax 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...
- FM gives NRIs more investment options
NRIs will continue to enjoy exemption on the long-term capital gains on which securities transaction tax has been paid. Budget: Personal Ta...