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SINGAPORE TAX TREATY WITH INDIA
Husband has to pay income tax on wife’s earnings from FD, gold, shares under clubbing of income in these casesITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sou...- Foxconn infuses Rs 351 crore into India armIn a substantial development, Taiwanese electronics powerhouse Foxconn has committed an impressive USD 37.2 million (around Rs 351 crore) t...
- No income tax on these 8 earnings: Check if you qualify for exemption
- Smartworks to acquire Singapore’s Workstudio SpacesSmartworks is set to acquire Singapore-based Workstudio Spaces, expanding its footprint to 76,000 sq. ft. with over 1,500 seats. This strat...
- ITAT: Accrued interest component on non-convertible debentures sales is taxable as interest incomeThe ITAT has held that the accrued interest component embedded in sale proceeds from non-convertible debentures cannot automatically be tre...
- Singapore government to help abandoned workers from IndiaHundreds of migrant workers from India and Bangladesh, unpaid for months, are receiving SGD 200 in cash and vouchers from Singapore's labou...
- Sri Priyanka Geo Commex IPO opens for subscription today. Check GMP, price band and other detailsRetail investors can bid for a minimum of 1,200 shares, requiring an investment of Rs 2.54 lakh at the upper end of the price band. The min...
- India trashes Pakistan defence minister's remarks on KashmirIndia on Tuesday rejected Pakistan Defence Minister Khawaja Asif’s remarks on Jammu and Kashmir, calling them an attempt to divert attentio...
- Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FAIndian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...
- Tax reforms to play vital role in attracting global capital to India: ExpertsIndia's economic ascent hinges on predictable and simplified tax reforms to attract global capital, according to a senior financial expert....
- Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
- Indian workers complain to Singapore ministry over unpaid wagesOver a hundred migrant workers, predominantly from India and Bangladesh, approached Singapore's Ministry of Manpower seeking unpaid wages. ...
- RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
- Credit card points: How to use them for free flights, hotel stays, and better travel rewardsTravellers should also remember that loyalty program transfers are generally irreversible. Before moving points to an airline or a hotel pr...
- What is DTAA? How to avoid double taxation on foreign income and claim tax credit in IndiaIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
- 'Part of our national security': Pakistan threatens war against India over Indus Water TreatyPakistan's Defence Minister has issued a stark warning to India, threatening war if its water security is jeopardized. This comes as Pakist...
- Delhi HC rules EY US secondment fees taxable in India, MNCs face higher costs for foreign talentMultinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...
- Whisky, no more a colonial hangoverIndia's whisky scene is experiencing a remarkable 'swadeshi' boom, with domestic premium brands like Indri and Rampur rising in popularity,...
- NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investmentNRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, N...
- 'Monster bites back': India calls Pakistan a 'Frankenstein state' at UN; accuses it of supporting terrorismIndia sharply criticised Pakistan at the United Nations, accusing it of sponsoring terrorism and describing it as a "Frankenstein state" th...
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