Take a look at the evolving taxation system for NRIs. Discover the wide scope of the Indian Income Tax Law, its applicability, and its safeguards.
Income tax rules applying to non-residents are slightly different from those for residents. The income that NRI earns abroad is not taxable in India. But if an NRI earns income in India, in the form of interest from deposits, property rent, etc then it is taxable. This income, earned in...
Section II: Taxable Income for NRI's Income from salary Salary income is taxable when you receive it in India or someone does on your behalf. Any NRI who receives a salary in their Indian account is liable to pay tax. These incomes will be taxed at a rate of specified tax slab limits...
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PravasiTax is a unique platform that provides Tax Compliance and Income Tax Return Filing services for NRIs.
There are some conditions on the basis of which you may be resident but not ordinarily resident. For tax purposes, I was an non-resident India (NRI) for 6 years (FY2009-10 to FY2014-15). Then, I spent most of the last 2 financial years in India. As a result, for ...
NRI (Non-Resident Indian) Services Caonweb will help NRIs by: Determining residential status Compliance with various laws such as Income Tax , Wealth Tax etc. Help in issue of PAN card, Digital signature Income Tax Return Filing and advice on reducing tax liability in India Advise on tax ...
Income tax defines a tax amount that has to be paid by individuals groups, or entities. Generally, it depends upon their income or revenue during a financial year. Moreover, the income could be— actual, notional, or both.
Income Tax on Income for Self Occupied Property. Then it explains various cases with examples of computation of income from one Self Occupied House property like House constructed before 1-Apr-1999, House constructed after 1-Apr-1999, for interest in pre-construction stage of the house, when ho...