24
Sep
Form 15CA and 15CB: A Complete Guide to Foreign Remittance Compliance
When sending money abroad, compliance with the Income Tax Act becomes crucial. The government has made it mandatory to report foreign r...
15
Sep
Section 54 of the Income Tax Act, 1961 – Capital Gains Exemption on Sale of Residential Property
Section 54 of the Income Tax Act, 1961 provides relief to taxpayers on long-term capital gains (LTCG) arising from the sale of a reside...
22
Aug
NRI Selling Property in India? Here’s How a New ITAT Ruling Can Help You Save Lakhs in Capital Gains Tax
When a Non-Resident Indian (NRI) sells property in India, the biggest challenge is taxation. With high TDS deductions and complicated c...
30
Jul
Section 195 of the Income Tax Act: TDS Rules for NRIs and Foreign Entities
Section 195 of the Income-tax Act, 1961 mandates the deduction of Tax at Source (TDS) on any taxable payment (excluding salaries) made ...
22
Jul
Allowable Costs of Improvement in LTCG Computation (Residential Property – India)
When a residential immovable property in India is sold after being held for more than 24 months, the resulting gains are classified as ...
21
Jul
How NRIs in Saudi Arabia Can Use the India-Saudi Arabia DTAA to Plan Their Taxes Better
For NRIs living in Saudi Arabia, managing taxes on income earned or invested in India can be a complex task. However, the Double Taxati...
18
Jul
Understanding Rule 115: How Foreign Income is Converted into INR for Indian Taxation
For Indian residents earning income from outside India, understanding how that foreign income is converted into Indian Rupees (INR) for...
08
Jul
Why You Shouldn’t Miss the NRI Taxation Masterclass by CA Ajay R. Vaswani
Navigating the complexities of NRI taxation in India can be challenging. Determining residential status, understanding the taxability o...
07
Jul
How to Obtain a Tax Residency Certificate (TRC) from Kuwait: A Complete Guide for NRIs
Many Non-Resident Indians (NRIs) live and work in countries that do not levy personal income tax, such as Kuwait. While Kuwait does not...
04
Jul
NRIs Can Now Use UPI with Foreign Mobile Numbers — A Major Leap in Convenience
In a significant development for Non-Resident Indians (NRIs), the National Payments Corporation of India (NPCI) has recently enabled NR...
03
Jul
How NRIs Can File ITR in India and Claim TDS Refund: Step-by-Step Guide (FY 2025-26)
For Non-Resident Indians (NRIs), filing an Income Tax Return (ITR) in India may not seem like a top priority—especially if you believe ...
03
Jul
How to Avoid TDS on Sale of Property by NRI: A Complete Guide (FY 2025–26)
When a Non-Resident Indian (NRI) sells property in India, TDS (Tax Deducted at Source) is deducted by the buyer before making the payme...
