Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FAIndian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...
23 Jun, 2026, 11.30 AM IST
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
The boss factor: Why a good manager matters more than you think for your careerYou can’t pick the manager, but he could decide your career, says Devashish Chakravarty.
22 Jun, 2026, 09.41 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
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
FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...
29 Apr, 2026, 01.35 PM IST
GIFT City investment edge for NRIs: Tax benefits and global investment access with new insurance opportunityNRIs now have a new investment avenue through GIFT City. This international financial hub provides access to global markets and tax-efficie...
24 Apr, 2026, 06.23 PM IST
What Tiger Global ruling means for foreign investorsA Supreme Court ruling impacts foreign investors in India. Investors can no longer use only a Tax Residency Certificate for tax benefits. T...
19 Jan, 2026, 06.15 AM IST
Does 'Tiger Global' leave investors confused, or finally put economic substance over legal form?The Supreme Court has ruled that a Tax Residency Certificate (TRC) is not conclusive proof of eligibility for Double Taxation Avoidance Agr...
15 Jan, 2026, 11.10 PM IST
TDS to be deducted on annuity payable to Overseas Citizens of India, NRI NPS subscribersBased on a clarification received from IRDAI, it is hereby clarified that annuity payable by ASPs NRIs and OCIs will be taxed at source, at...
27 Dec, 2019, 12.07 PM IST
DTAA provisions, if beneficial to tax payer will override some sections of Income Tax Act: Tax TribunalAccording a tax note by Deloitte, Nagarjuna Fertilizers and Chemicals Limited (‘the taxpayer’), a Public Limited Company, had made certain ...
03 Mar, 2017, 07.22 PM IST
Black money: No valid reason given for not revealing names, says Subramanian SwamyAlthough there is a secrecy clause in the DTAA which was preventing the government from disclosing the names, the hurdle could be overcome,...
08 Nov, 2014, 02.29 PM IST
How NRIs can claim TDS exemptionAny claim for reduced rate of TDS or exemption from TDS will be available only if you have a Permanent Account Number (PAN), so make sure y...
29 Nov, 2011, 05.24 PM IST
How DTAA provisions help NRIs avail reduced TDS rate on certain incomes in IndiaIf you are availing this lower rate, you would need to submit a tax residency certificate (issued by the country of your residence).
11 Nov, 2011, 11.01 AM IST
- Direct Tax Code looks to create a level-playing field
The revised discussion paper (RDP) on Direct Tax Code seeks to settle the current ambiguity by clarifying the character of income earned by...
23 Jun, 2010, 02.46 AM IST
- Company paying tax in Germany can claim tax concessions in India
ITAT rules in favour of ‘German Co’ for claiming concession under tax treaty
15 Sep, 2008, 02.25 AM IST
- Key info disclosure not a must for tax treaty benefits: ITAT
A company is entitled to tax treaty benefits between India and another country even if it fails to disclose some key information. Learning ...
21 Jul, 2008, 04.00 AM IST