Listen to this article Are you an NRI – owning property in India? Are you worried about reporting the Indian property under FATCA? The FATCA (Foreign Accounts Tax Compliance Act) implementation by the US Federal Government has forced some of the Non-Resident Indians to sell off their properties in India due to the fear of […]
NRI Tax Planning
NRI Exclusive!! TDS on NRI Sale of Property- Here’s How to Get Your Nil TDS Certificate and More!!!
Listen to this article Selling of a property has never been an easy job. Being an NRI can only mean the trouble is twice the amount. Even if you find the right buyer to seal the deal, the complexities involving the TDS is unappealing. If you don’t follow the procedures of TDS with care, you […]
4 Types of NRI Banking/Savings Account. How to make use of these accounts?
Listen to this article Are you confused about choosing the right bank account to use as an NRI…? You will get the answer in this article. An Indian living abroad doing a service, running a business, or pursuing any vocation is a Non-Resident Indian. It is estimated there are over 25 million NRIs spread across the […]
5 Things NRIs need to know when filing Income Tax Returns in India
The income that NRI earn abroad is not taxable in India. Nevertheless,some NRIs also have an earning in their aborigine country, India in the form of interest from deposits, property rent, etc. This income has a basic limit of exemption, which is Rs2 lakhs. If the NRI earnings from such native sources cross the fixed […]