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UK TAX RESIDENCY
Starmer leaves No. 10 without ever managing to explain what he stood for- Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FA
- 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 DTAA
- 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.22 Jun, 2026, 09.44 AM IST
- 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...19 Jun, 2026, 05.41 PM IST
- NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...19 Jun, 2026, 03.44 PM IST
- Indian money in Swiss banks dips to CHF 3.25 bn; customer deposits upIndian funds in Swiss banks saw a decrease in 2025, reaching 3.25 billion Swiss francs. However, customer deposits experienced a significan...18 Jun, 2026, 06.05 PM IST
- 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...02 Jun, 2026, 07.11 AM IST
- Own assets in India and England? Why experts say you should make two separate Wills immediatelyIndividuals with assets in both India and England are advised to create separate Wills to ensure proper distribution and avoid legal challe...28 May, 2026, 10.59 AM IST
- Have assets in the USA or UK? Why an Indian Will alone may not protect your heirsIndian families with assets in the USA and UK need robust succession plans. A single Indian Will may not suffice for overseas properties. E...19 May, 2026, 04.58 PM IST
- Is tax-exempt income in India also exempt in the US for NRI?ET Wealth Reader's Query: If an income is tax-exempt in India, is it also exempt in the US for an NRI? For instance, interest on NRE accoun...19 May, 2026, 12.16 PM IST
- Credit cards for NRIs and H-1B workers: Check features, fees, documents required and benefitsNon-resident Indians can now get credit cards in India. These cards offer benefits for spending both in India and abroad. Several banks lik...30 Apr, 2026, 11.39 AM IST
- HNIs eye Greece residency as alternative to Dubai optionAffluent Indians are increasingly eyeing Greece as a destination for permanent residency. The motivations behind this trend include evolvin...10 Apr, 2026, 10.10 PM IST
- This business tycoon exits UK for UAE and reason is not just taxationNik Storonsky, co-founder of digital banking app Revolut, has moved his residency from the UK to the United Arab Emirates. This move follow...13 Oct, 2025, 07.12 PM IST
- UK may rethink non-dom inheritance tax as wealthy foreigners exitFaced with an exodus of wealthy individuals and pressure from the City of London, the UK government is reconsidering its recent inheritance...17 Jun, 2025, 01.34 PM IST
- UK’s non-dom tax changes could be driving out billionaires like Lakshmi MittalSteel tycoon Lakshmi Mittal is considering leaving the UK due to the end of tax benefits for non-domiciled residents. This follows the Labo...28 Mar, 2025, 07.23 AM IST
- No country for rich men! UK rule spawns 'tax travellers'UK-based Indian families including millionaires and recent migrants are planning to split their time across multiple countries to avoid a n...20 Jan, 2025, 11.55 AM IST
- London calling? Not anymore. Tax tweaks worry NRIs, new migrantsMany non-resident Indians (NRIs) and recent migrants to the UK face uncertainty due to proposed changes in tax regulations set to eliminate...12 Apr, 2024, 10.47 AM IST
- An amnesty scheme for wealth hidden abroadTime has come for the Indian govt to start using tools such as info exchange, agreements with various offshore countries.29 Sep, 2011, 10.36 AM IST
- Tax implications of an overseas assignment in the year of departureIf an overseas assignment is not planned keeping tax implications in mind, there could be additional tax burden & painful compliances. Spec...18 Nov, 2008, 05.42 PM IST
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