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NOT ORDINARILY RESIDENT
Delhi HC refuses to waive 30-day notice period under Special Marriage Act, says courts cannot override statutory mandateThe Delhi High Court has refused to relax the mandatory 30-day waiting period prescribed under the Special Marriage Act, 1954, for a couple...
Paying rent but not receiving HRA? Here’s how non-salaried individuals can claim tax deductionSelf-employed individuals and salaried employees not receiving House Rent Allowance (HRA) can claim tax benefits for rent paid under Sectio...
FCNR deposit rates up to 6.5%: Bank of Baroda, Indian Overseas Bank and others launch schemes for NRIs, OCIsFollowing RBI's measures to boost foreign currency inflows, several banks like Canara Bank, Federal Bank, Bank of Baroda, and IOB have laun...
School assembly news headlines for June 16: Top national, international, business, sports update and thought of the dayIndia and Slovakia elevate ties to a comprehensive partnership. A rival tutor accuses Khan Sir of murder. Delhi census Phase 1 records over...
2.3 cr people, 76 lakh houses, 55 lakh households recorded in Delhi during Census Phase 1Delhi's Census 2027 first phase is complete. Over 76 lakh houses and 55 lakh households were covered. Provisional data shows more than 2.3 ...
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...
ITR-2 online filing and excel utility for A.Y. 2026–27 are now enabled on the e-Filing ITR portalIndividuals and HUFs without business income but with complex income sources like salary, multiple house properties, or capital gains can f...
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...
Failed to report US stocks gained via ESOP? Use this one-time Amnesty scheme; Know how it worksA one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...
Tax on destination wedding outside India: Will income tax apply on gifts in form of cash, property, gold jewellery? Know the rulesWhether it is cash, gold, car, or even a property, if gifted to the bride or the groom on their wedding, no tax would be levied on the gift...
ED case files in poll-bound West BengalThe Enforcement Directorate is actively investigating several money laundering cases across West Bengal. These probes target alleged corrup...
4 new PAN card forms in FY26-27: Which form to use- 93, 94, 95 or 96? Old vs newStarting April 1, 2026, new PAN application forms are in effect. Four distinct forms, 93, 94, 95, and 96, cater to specific applicant types...
Back in India, still working abroad? Understand your tax implicationsRising global tensions prompt Non-Resident Indians to return home, working remotely. This shift creates tax concerns as physical presence i...
Post-Article 370 and applicability of RPA, any Indian 'ordinarily residing' at a place eligible to vote there: J&K govt"With the abrogation of Article 370 and applicability of Representation of the People Act 1950 and 1951, any citizen of India who has attai...
How will a change in your residential status affect the taxes you pay in India?From FY 2020-21, an individual who is a citizen of India who is not liable to tax in any other country will be deemed to be a resident in I...
Two changes proposed in definition of residency in Union Budget 2020This will make it easier for tax authorities to determine residential status of such individuals without asking for passport copies. Indivi...
NRIs may have to pay tax in India if not paying anywhere else: Budget 2020Budget 2020 has proposed to tax NRIs in India, who are not paying tax anywhere in the world.
Non-residents, not-ordinarily residents in tax tangle: Experts"CBDT may need to clarify reporting requirement for unlisted equity shares in foreign companies for NR/NOR,” said Sonu Iyer, tax partner an...
What NRIs & expats should know about tax filing in IndiaThis year, non-resident Indians will have even more trouble filing taxes because CBDT has introduced several changes in the tax filing spac...
NRIs returning to India: Avail the benefits given under tax lawsHome-coming would be easier on pocket with proper understanding & utilisation of benefits given under Indian tax laws.