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OVERSEAS TRAVELLERS RELIEF
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...- RBI, rating firms assess Iran war risks on Indian companiesThe Reserve Bank of India is proactively assessing potential borrower stress due to the US-Iran conflict, engaging with local credit rating...
- Welcome to Trump’s America, where the visa dream is getting harder to keep alivePresident Trump's second term is tightening legal immigration pathways, including student visas and green card applications. New policies r...
- 'Compromised' PM appeasing 'good friend': Congress on Rubio's India trade remarksCongress criticizes Prime Minister Modi over US Senator Marco Rubio's announcement of India's commitment to purchase $500 billion in US goo...
- Rupee's rough patch worsens on oil, outflow strain; central bank likely steps inThe rupee and other currencies of oil-importing countries have been among the hardest hit following a near 50% surge in Brent crude prices ...
- Karti Chidambaram questions 'PMO directives', demands Parliament session over PM Modi's '7 Appeals'Congress leader Karti P Chidambaram has urged the government to convene Parliament. He wants a briefing on Prime Minister Narendra Modi's s...
- Sheena Bora murder case: SC refuses to entertain Indrani Mukerjea's fresh plea to travel abroadThe Supreme Court has refused to entertain a fresh plea by Indrani Mukerjea, accused in the Sheena Bora murder case, seeking to travel abro...
- Saurabh Mukherjea has moved half his personal portfolio out of India; here's whySaurabh Mukherjea, founder of Marcellus Investment Managers, has shifted his personal portfolio to a 50-50 split between Indian and global ...
- Trump family deal spree could open door for future presidents to profit from officeIn a striking maneuver, President Donald Trump's family business is broadening its horizons internationally while tapping into the burgeoni...
- New income tax rules from April 1, 2026: From HRA relief to new ITR deadlines, key changes explainedNew income tax rules: Significant income tax changes are coming from April 1, 2026, with the Income Tax Act of 2025 replacing the 1961 act....
- Expats staying longer in India? Here’s how residency rules can change your tax liabilityExpatriates in India for extended periods face changing tax rules. Staying longer can shift residency status, impacting tax liability on wo...
- Did Budget 2026 leave you richer or poorer? Find out hereBudget 2026 brings significant changes for Indians with overseas financial links. Remittances for education and medical treatment abroad wi...
- Union Budget trims TCS, simplifies TDS to ease burden on taxpayersThe budget simplifies tax collection with revised Tax Collected at Source (TCS) rates, significantly benefiting overseas travelers, student...
- Budget 2026: Lower TCS on overseas tour packages gives relief to travellersThe Union Budget 2026 proposes significant reduction in the Tax Collected at Source (TCS) for overseas tour packages. The TCS rate on inter...
- Budget 2026: Lower TCS on overseas tour package, education and medical purposesSignificant tax relief is on the horizon for overseas travel, education, and medical expenses. The government plans to slash the TCS rate o...
- H-1B fog clears: US clarifies $100k fee applies only to new petitions, eases panic among Indian visa holdersThe USCIS has clarified that the $100,000 H-1B visa fee applies only to new petitions, alleviating concerns among current holders. This ann...
- Domestic travel operators welcome TCS rollback, but say move is a partial reliefThe travel industry in India has expressed gratitude for the government's decision to withdraw the increase of tax collected at source (TCS...
- Industry bodies seek TCS relief for domestic travel agentsA number of industry bodies in India, including the Internet and Mobile Association of India (IAMAI) and Ficci, are seeking relief for loca...
- Tourism industry broadly welcomes measures announced by the finance ministry, but feels much more needs to be doneTourism secretary Arvind Singh said the tourism ministry was in touch with both the industry and the finance ministry and called the measur...
- Penny pinches: FBT sop slams shut in BPOs' faceNorth Block's silicon sop on fringe benefit tax (FBT) won't bring any relief for the BPO circuit.
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