NRI child sending money to parents in India: Why a tax-free gift can still trigger an income-tax noticeParents receiving money from their NRI children in India may enjoy tax exemptions on gifts, but large transactions can attract scrutiny fro...
02 Oct, 2026, 11.41 AM IST
Dubai NRI bought Rs 2.31 crore property, didn’t file ITR, got income tax notice; she fights back and wins in ITAT on these groundsMrs Chudamasa’s counsel argued that the AO had erred in treating Rs 2,31,20,000 as investment made during financial year 2017-18. He submit...
02 Oct, 2026, 09.41 AM IST
Class 9 students to learn income tax and personal finance under new NCERT curriculumNCERT has introduced personal income tax in the Class 9 curriculum to enhance financial literacy among students. The textbook highlights th...
01 Oct, 2026, 05.35 PM IST
'Proud to return your money to you': Trump sends personalized letter with $500 ACA 'refund' checks - Read Full TextEligible Americans are set to receive $500 refund checks from President Donald Trump linked to the Affordable Care Act. These refunds targe...
01 Oct, 2026, 08.43 AM IST
Check gate before the horse boltsIndia is facing challenges in managing foreign remittances, particularly concerning fraudulent transactions and proper certification. A pro...
30 Sep, 2026, 11.08 PM IST
NRE vs NRO FD TDS rules: Tax rate for NRIs, PAN rules, DTAA benefit and repatriation limitWhen it comes to Non-Resident External (NRE) and Non-Resident Ordinary (NRO) fixed deposits, understanding their distinct tax implications ...
30 Sep, 2026, 10.42 AM IST
Could an IRS notice mean up to $1,000 for your retirement in 2027 and what do you need to do now to qualify for the new match?The IRS is mailing notices about a retirement benefit that will not start until 2027. The letter does not mean a $1,000 payment is coming n...
30 Sep, 2026, 12.31 AM IST
Why is your $1,390 IRS payment missing? What Americans need to know about the payment rumor and Trump’s $2,000 tariff dividendIRS relief payment and $2,000 tariff dividend: Rumors of a new federal stimulus check are circulating online again. Digital posts and unsol...
29 Sep, 2026, 09.43 PM IST
My NRI status changed. Will interest earned on my NRE FDs be taxable in India?ET Wealth reader's query: I was an NRI until FY2024–25. After relocating to India, my residential status changed to ‘resident’ from FY2025–...
29 Sep, 2026, 12.45 PM IST
Buying property abroad for your NRI child? Know how much Indian parents can transfer and the tax implicationsNavigating overseas property purchases for NRI/OCI children can be complex for Indian parents, entangled in regulations like FEMA and RBI's...
28 Sep, 2026, 04.14 PM IST
Moving from UAE to India? 6-step financial homecoming guidebook to manage tax residency, bank accounts, Dubai property, and gratuityTax residency, bank accounts, Dubai property and gratuity all need sorting before and after you fly home.
28 Sep, 2026, 11.55 AM IST
Buying property from an NRI? Know the new TDS, PAN, and Form 141 rules effective October 1Beginning 1 October 2026, resident Indian buyers will enjoy simplified compliance when purchasing property from non-resident sellers. They ...
28 Sep, 2026, 11.29 AM IST
What happens if Social Security payroll taxes rise to 17%? The 2032 funding deadline could put thousands of dollars at stake for workersA higher Social Security tax could eventually take a noticeable bite out of workers’ paychecks. One estimate says closing the program’s lon...
26 Sep, 2026, 11.08 PM IST
Good news: Property purchase from NRIs gets easier as govt amends Form 141; check how it helpsFrom October 1, 2026, Indian property buyers can buy properties from non-residents without getting a TAN. Instead a new system has been lau...
24 Sep, 2026, 12.25 PM IST
Mumbai felt safer than US: NRI returns to India after 23 years, shares why he left the American DreamAn NRI who spent 23 years in the US has shared why he eventually moved back to Mumbai, saying he "felt safer" there. After building a caree...
23 Sep, 2026, 01.01 AM IST
Can NRIs save income tax by gifting shares to their resident parents? Know these tax rules before transferring sharesWhile giving shares to your parents who reside in your home country might appear as a thoughtful gesture, it has substantial tax considerat...
18 Sep, 2026, 09.21 AM IST
How much money can NRIs transfer from NRO to NRE account in a year?Non-Resident Indians can effectively manage their Indian earnings via NRO accounts. They are allowed to transfer funds to NRE accounts, but...
16 Sep, 2026, 05.10 PM IST