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...
23 Jun, 2026, 11.08 AM IST
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...
22 Jun, 2026, 06.30 AM IST
FCNR(B): Revisiting a proven crisis management toolFacing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflow...
13 Jun, 2026, 12.21 PM IST
Petrol, diesel prices today on May 30: Have fuel rates changed? Check latest prices in Delhi, Mumbai, Bengaluru, Kolkata and morePetrol, diesel prices today: Fuel prices in India remained steady on May 30, offering a brief respite after recent increases. Prices, howev...
30 May, 2026, 07.52 AM IST
Stay disciplined, think five years out: Deepak Shenoy on how to navigate volatile marketsGlobal economic turbulence is high. However, India's company earnings are performing well. Deepak Shenoy advises investors to focus on fund...
19 May, 2026, 09.43 AM IST
India assured DTAA tax benefits will continue after Supreme Court ruling, Mauritius Cabinet Note saysIndia has assured Mauritius that it will uphold benefits under the Double Taxation Avoidance Agreement. This comes after a Supreme Court ru...
25 Apr, 2026, 01.12 AM IST
NRIs tax alert: March 31, 2026 is the deadline to claim foreign tax credit using Form 67 for income earned in FY 2024–25Non-Resident Indians earning income abroad in FY 2024-25 have a crucial deadline. They must file Form 67 by March 31, 2026. This form is es...
30 Mar, 2026, 10.07 AM IST
Higher exemptions, wider slabs: Why Budget 2026 could put more money in your pocketChanges such as higher exemptions, expanded deductions, and parity across tax regimes in the upcoming Budget could ease financial stress, b...
27 Jan, 2026, 11.28 AM IST
Foreign salary, double tax? When late filing of Form 67 can deny DTAA benefits to IndiansIndians earning salary income abroad can claim foreign tax credit even if Form 67 is filed late, as per a recent ITAT Delhi ruling. The tri...
13 Jan, 2026, 12.40 PM IST
Double tax for NRIs if this form is not filed and this is not claimedNon resident Indian (NRI) taxation: NRIs have to pay double the tax on the same income if their favourable DTAA rates and tax releif claim ...
06 Sep, 2024, 01.08 PM IST
NRIs, foreign nationals stranded in India to submit details of double taxation by March 31In a circular, the CBDT said that if any individual is facing double taxation even after taking into account the relief provided by the rel...
03 Mar, 2021, 11.58 PM IST
Govt nod to India-Maldives double taxation pact on airlinesThe Union Cabinet gave its approval for signing of an agreement between India and Maldives that will provide relief from double taxation fo...
24 Feb, 2016, 10.04 PM IST
India signs DTAA with Macedonia to prevent income tax evasionThe agreement provides that taxation of dividend, interest and royalty in the source country will not exceed 10 per cent, it added.
17 Dec, 2013, 08.48 PM IST
How Non-Residents in India can claim tax relief under Double Taxation Avoidance AgreementA tax resident of a tax treaty country (say US) can claim tax exemption on his salary income in India for his short stay in India irrespect...
06 Dec, 2012, 06.30 PM IST
- DTH cos call for licence fee cut
The direct-to-home (DTH) industry believes its losses will double if the government fails to provide sops, like reduction in licence fee an...
02 Jan, 2009, 02.33 AM IST
- CII outlines measures to encourage repatriation
Stating that the efforts of Indian companies investing overseas by setting up manufacturing and other facilities through JVs and subsidiari...
07 Feb, 2007, 03.04 AM IST
- Experts back tribunal ruling against taxing NRIs in UAE
The Income Tax Appellate Tribunal’s (ITAT) recent decision against taxing NRIs working in UAE, in the Green Emirates Shipping and Travels c...
28 Jun, 2006, 12.09 AM IST