What NRIs Must Know About Purchasing Real Estate in India?

Though you have been outside India for years now and gained the…

Tax Query: Is the rental income of an NRI subject to TDS?

I am a resident of India. I, along with my wife, receive…

Tax Query: Can NRIs deposit in their existing PPF account and claim tax deduction?

I am a resident of India living in India and am a…

Tax Query: Can NRIs claim deduction on donations?

Mr Amit is a non-resident Indian living in Australia. He wants to…

Tax Query: Should NRIs file ITR in India if taxable income exceeds Rs 2.5 lakh?

If a non-resident Indian (NRI) has a vacant and locked house along…

New PPF scheme 2019 notified with some amendments

The Government of India has notified the Public Provident Fund (PPF) Scheme,…

Tax Query: TDS on rent not needed if NRI’s income is less than Rs 2.5 lakh

Mr Gupta’s son lives in Australia. He has signed a power of…

Tax liability on interest received on NRE accounts for NRIs upon return

Individuals not residing in India maintain a Non-Resident External (NRE) bank account.…

Finance Bill proposes to impose withholding tax on gifts received by NRIs

The Finance Bill 2019 was presented in the Union Budget on 05…