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TAX RELIEF FOR NRIS
Rs 1.09 crore remittance sent home by an Indian working in Kuwait, but he didn't file ITR, received income tax notice; gets relief in ITAT AhmedabadIndian man working in Kuwait oilfields, got his salary in National Bank of Kuwait, remitted Rs 1.09 crore back to family in India, files no...- NRO account for NRIs: Which funds can be deposited, tax on interest and repatriation rulesFor NRIs, establishing or converting an existing bank account is vital upon confirming non-residence status. An NRO account facilitates the...
- Returning to India from the UK? Capital gains and inheritance tax may still applyNon-resident Indians should note that leaving the UK doesn't automatically terminate tax residency. Retaining connections might keep your t...
- Banks slash FCNR (B) interest rates: HDFC Bank, ICICI Bank, SBI, PNB, Axis Bank revise rates on 3-5-year depositsFCNR (B) deposit interest rate cuts have particularly been made in deposits of three to five years, which had higher interest rates after t...
- NRI can’t sell Indian property before October 1, 2026 if buyer does not have TAN; Know how to apply for TAN onlineThe TDS rulesfor NRIs say that there isno thresholdlimit for TDS deduction, whereas resident Indians get a threshold limit of Rs 50 lakh be...
- Highest FCNR (B) interest rates: Check PSU vs private sector bank rates for NRIs, OCIsFCNR (B) FD interest rates: The window for Non-Resident Indians to enjoy favorable FCNR(B) deposit rates is closing soon, specifically on A...
- ETMarkets NRI Talk | GIFT City AIFs could be the next big NRI investment destination: LGT Wealth’s Nikhil AdvaniIn an interaction with Kshitij Anand of ETMarkets, Advani also discusses why NRIs remain under-allocated to Indian equities, how they shoul...
- NRI selling Indian assets? US, UK, UAE, Canada, Australia or Singapore - how your country of residence could decide the income tax billWhen selling Indian assets, be cautious of the potential tax implications linked to your country of residence. Tax obligations can vary bas...
- Income tax dept has identified suspicious entities that sent money abroad, launches verification drive; Know what to doBased on ground intelligence and analysis of data, Income tax dept Income tax dept has identified suspicious entities who sent money abroad...
- Foreign Asset Disclosure Scheme 2026: From budget proposal to rollout - what residents and NRIs need to knowThe Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 has moved from Budget proposal to implementation. This article explains its t...
- Moving back to India? What NRIs need to know about US tax obligationsFrom RSUs to retirement accounts, what returning Indians must settle before—and after—they land. The first thing to understand is that immi...
- India opens tax amnesty scheme for small taxpayers to declare select foreign assetsIndia's tax amnesty scheme for small taxpayers opened Sunday and runs until December 2026. This one-time measure aims to bring undeclared f...
- Hidden risks of FCNR (B) deposit investment and leverage: Why high interest rates may not tell the full storyFCNR(B) deposits have become attractive to investors looking for significant returns in US dollars, largely thanks to government hedging st...
- How should my NRI children disclose gifts received from relatives in ITR-2?ET Wealth Reader's Query: My two NRI children are unable to find a field in ITR-2 to disclose gifts received from relatives. The Income Tax...
- 19x leverage on FCNR(B) deposits and high returns may not work for NRIs based in Singapore in this caseFCNR (B) FD: For NRIs, the potential gains from FCNR(B) deposits may be undermined by Singapore's tax policies. Interest earnings from Indi...
- GIFT City investment for NRIs: Know your options, tax benefits, and how to invest in India in dollarsGIFT City offers NRIs and OCIs a dollar-denominated investment ecosystem. This financial hub provides access to global and Indian investmen...
- NRI selling property, shares or gold in India? Here's how you can manage your capital gains tax in a better waySelling Indian investments triggers capital gains tax for NRIs, with rules varying by asset type. Property sales offer significant tax redu...
- ETMarkets NRI Talk | Allocate 25-35% of your global portfolio to India for long term wealth creation: Pradeep GuptaFPIs pulled out a record ~$18 billion (₹1.7 lakh crore) that year. 2026 has been worse, rupee returns are down 10% from the year's high, an...
- Rs 22.94 lakh LTCG for land sale of Rs 92 lakh invited tax notice; Gujarat HC ruled in her favour after 9 years fight; Know whyLady got tax notice after selling land for Rs 92 lakh and reporting Rs 22.94 lakh LTCG in ITR; Know how Section 55A(a) helped her win case ...
- Hold US stocks under LRS? Here’s why you may not be able to gift them to NRI childrenIndian residents cannot gift US shares purchased through the LRS route to their NRI children. The liberalised remittance scheme requires sa...
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