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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.

USA

India Finance Minister Nirmala Sitharaman proposes Aatmanirbhar Bharat, new tax and investment rules for NRIs in Budget Speech 2021

Taxation and investment were the major areas of interest for Non-Resident Indians (NRIs) as Indian Finance Minister Nirmala Sitharaman...

Global

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...

Global

NRIs can acquire 100% stake in Air India under new government norms

Indian Union Minister of Heavy Industries and Public Enterprises Prakash Javadekar announced on Wednesday that Non-resident Indians (NRIs)...

Corporate

Companies in UK owned by Indian diaspora paid GBP 1 bn in taxes: Report

The report, produced by Grant Thornton UK jointly with the Indian High Commission in London and the Federation of Indian Chambers of...

Corporate

Budget 2020: FM clarifies only NRIs' India income to be taxed

Indian Finance Minister Nirmala Sitharaman announced in her Union Budget speech that NRIs who don't pay taxes in a foreign country will now...

Global

NRIs, OCIs pensions to be taxed at source as per DTAA: Indian pension authority

Pension Fund Regulatory Authority of India (PFRDA) has stated that pensions for Non-Resident Indians (NRIs) and Overseas Citizens of India...

NRI Personal Finance NRI Stories

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...

NRI Stories NRI Stories