NRI: The Indian government has once again extended the deadline to link Aadhaar cards with PAN numbers for Indian citizens.
Tag: Income tax department
Indian government set to tax Netflix’s domestic income: Reports
According to media reports, the Indian government is looking to tax Netflix Inc’s domestic income.
Income tax ‘survey’ of BBC’s India offices ends after 60 hours
The income tax “survey” at the BBC’s Delhi and Mumbai offices ended last night after nearly three days of officials going through digital records and files.
Six easy ways to promote your tax company online this year
How to promote tax company online? If you want tax-tired Americans to come to you for advice and support, you need to know how to promote your tax consultancy firm online effectively.
India, US strike deal on digital services tax
India and the US had agreed to resolve differences on the two percent equalization levy (digital services tax) imposed by the former nation.
Trump, firms paid USD 750 in taxes in US, USD 145,000 in India in 2017: Media reports
United States President Donald Trump reportedly paid just USD 750 in federal income taxes in the year he was elected, according to a media report, which also said that he or his companies paid USD 145,400 taxes in India in 2017.
Lockdown period won’t count towards NRIs’, foreigners’ residency status for tax purposes, says Indian government
In a major relief to Non-resident Indians (NRIs) stuck in India, the Finance Ministry today relaxed the norm for determining the residency status by discounting the period of stay in India due to lockdown.
Indian government to post customs officers in consulates to check money laundering
The Indian government has announced plans for posting customs sleuths in London, Hong Kong, Dubai and Brussels to regulate trade-based money laundering.
No need for NRIs to disclose foreign directorships in tax returns: Indian tax authority
India’s tax authority clarified that non-resident Indians (NRIs) and foreign citizens who are required to file income tax returns in India will not need to disclose their directorships in foreign companies that do not generate income from India in their tax return forms.
India Tax: All you need to know as an NRI ahead of August 31 filing deadline
If you have not filed your India tax return for the financial year 2018-19, you still can file it without payment of any penal fees as the Indian Government extended the filing due date to August 31, 2019.