10
Nov
Decoding the ITAT Rulings: A Turning Point for NRIs Claiming Capital Gains Exemption on Indian Mutual Funds
Two recent decisions of the Income Tax Appellate Tribunal (ITAT) — Saket Kanoi (UAE) vs DCIT (Delhi ITAT, October 2024) and Anushka San...
07
Nov
Capital Gains Exemption on Indian Mutual Funds for NRIs: A DTAA-Based Advantage Explained
Non-Resident Indians (NRIs) across the world have always shown a strong interest in investing in India’s financial markets, particularl...
06
Oct
Mistakes NRIs Make with UK Taxation — Don’t Let These Cost You
For many NRIs living in the UK, managing money between two tax systems — India and the UK — can be confusing. From rental income in Ind...
03
Oct
India Introduces e-Arrival Card for Foreign Travelers from October 1, 2025
The Government of India has announced a significant procedural change for international arrivals. Effective October 1, 2025, foreign na...
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...
