Budget 2026 tax changes for NRIs explained by a CA, covering overseas income exemption, residency rules, property sales, ...
The deadline for filing Income Tax Returns (ITR) for non-audit taxpayers is generally July 31st of the following fiscal year. For the upcoming fiscal year 2024-25 (assessment year 2025-26), the final ...
You may think you're an NRI just because you spend most of the year abroad—but your bank balance in India might say otherwise. CA Nitin Kaushik warns that if your Indian income crosses ₹15 lakh, you ...
Residential classification under Section 6 decides whether only Indian income or global income is taxable. Annual day-count tests directly impact total tax ...
The Indian government’s tax authority has fixed a security flaw in its income tax filing portal that was exposing sensitive taxpayers’ data, TechCrunch has exclusively learned and confirmed with ...
This article explains how residential status governs whether global income or only Indian income is taxable. It clarifies the classification rules for individuals and companies under Indian tax ...
India’s Union Budget 2025 has made no changes in the existing tax rules for cryptocurrencies, maintaining the provisions of the Finance Act 2022 for virtual digital assets (VDAs) like Bitcoin (BTC) ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. There are over 30 million non-resident ...
Under the income tax laws, a person's income is taxed based on their residential status and the source country of the income ...
India is on track to overtake Germany and emerge as the third-largest economy by 2028. (AI image) India is all set to join China as an upper middle income country by the end of this decade, according ...