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 tax purposes, I attained not ordinarily resident (NOR) status for two financial years (FY 2015-16...
E-file Income Tax Return within 5 Minutes How Income Tax Filing Process Works Choose your Plan Salaried, Capital Gains (Stock investor), Foreign Income , NRIs, Business. Upload/mail Document You can either upload the Documents on our portal or E-mail them to us. ...
07-nov (23:05) Indian-origin woman explains why she bought Friends actor Matthew Perry's house, performs puja (Times Of India NRI) 07-nov (23:02) Royal descendants decry Rahul Gandhi’s description of them as ‘pliant’ (The Hindu) 07-nov (23:00) Resolution made the world know what...
We have a progressive system of taxation in India. It simply means— higher the income, the higher the payable tax. Moreover, the income tax is dependent on a slab system defined by the Tax Department. Note that various tax incentives are also added for that category who needs to pay lon...
In case an NRI’s PAN is still inactive, he/she should inform the jurisdictional Assessing Officer of his/her NRI status with supporting documents. View more The income tax notification no. 52/2023/F.No. 275/17/2023-IT(B) for International Financial Services Centre. Read more...
When you inform your bank about your NRI status, your bank can convert your existing Savings or Current account to an NRO account (Non-resident Ordinary Rupee Account) on submission of required documents Following are some information regarding the features, benefits, and advantages of an NRO acco...
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• Status of remitter will be Individual • Residential status of remitter will be Non Resident Click here for sample form 3. Form 15 CB • Mandatory if Form 15 CA part C is submitted • UDIN number required Click here for sample formFREQUENTLY...
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NRI Tax Planning Guide Covers all you want to know about Indian Taxation for NRIs. Tax Planning, Tax Free Income, TDS, DTAA as Tax planning tool etc. Get the Guide Fix It Staying away from the country but still managing personal finance is not easy. How to Fix Typical Problems Faced...