Searched for
VINAY NAVANI
Indian Americans: Start your own charity to support a cause in IndiaWhat does it take to set up your own US based charity and what should you look out for? Read to know all about it.- Indian Americans: Make your India charity donations tax effectiveIf you want to make a donation to an Indian cause and also get a tax deduction in your US tax return, there’s a simple way to do it.
- Indian Americans setting up companies in India? Watch out for US tax lawIn the past few years, several Non Resident Indian (NRI) entrepreneurs have successfully set up companies in India and the trend is only li...
- For Indian Americans, it's time to declare offshore income, assets under FBARFBAR collects info about your foreign bank, accounts and you must file it if the balance in these accounts exceeded $10k.
- US tax returns: 15 June deadline for NRIs living in IndiaIf you are unable to file your return, you can request an additional extension to October 15 by filing Form 4868.
- US NRIs: File an extension if not ready with your taxesBy filing an extension, you will have 6 more mths to file return. You don't have to explain the reason for extension.
- Global income reporting poses practical challenges to NRIs in USIf you’re a NRI in the US, you would know by now the laws pertaining to reporting global income in your US tax returns.
- NRIs missed to file Form 5471? Here's what you can doThe form is triggered if you are a US taxpayer with shareholding or interest in a foreign corporation exceeding certain prescribed limits.
- US taxpayer with India shareholding? Don’t forget Form 5471If you missed filing this form earlier, and there is no under-reported income, the good news is that you can come into compliance quite eas...
- Missed to report a PFIC? Here’s what Indian Americans can doIf you are an Indian American with investments in Indian mutual funds, the PFIC reporting is something you just cannot afford to miss.
- 5 important US tax law changes that will impact NRIsAfter a long debate, the US Congress finally agreed on key tax changes through the American Taxpayer Relief Act of 2012.
- Three things Indian Americans should prepare for before the tax year endsAs tax year 2012 draws to a close, it's time for US taxpayers to make the most of current provisions and also prepare for the tax filing se...
- NRIs in US: Things to remember while giving gifts in IndiaA new tax on gifts was introduced according to which, tax would be levied, in the hands of the receiver.
- India-US tax impact on gifts received by Indian AmericansAny gifts in excess of Rs 50,000 received by an individual, including NRIs, will be taxed in the hands of the receiver.
- What Indian Americans should do when they inherit property in IndiaIndia does not tax inheritances at the time when such inheritance is received. Tax is levied only on the income generated by the receiver.
- NRIs filing India tax return: Don't forget deemed rentIf a taxpayer owns more than one house, one of them will be deemed as self-occupied and the other one will be deemed to be given on rent.
- FBAR filing for Indian Americans: 10 things to keep in mindIf you thought you were done with this year's reporting when you filed tax returns, you probably forgot about the FBAR.
- How NRIs’ India mutual funds are taxed in USIf you are an Indian American, Uncle Sam is going to want a share. That’s because the US tax code collects tax on the global income of its ...
- How US citizens and Green Card holders living in India can file taxWe take a look at the implications of foreign income on US citizens and green card holders living outside the US - specifically in India.
Load More
