-
NRIs Not Needed to Disclose Foreign Directorships in Tax Returns 2019-08-30 07:43:02
In welcoming news for Non-Resident Indian (NRI) business community and top executives, India’s tax authority announced that foreign citizens and NRIs who are required to file income tax returns in India will not have to disclose their directorships in foreign...
Keywords: nris, Central Board of Direct Taxes, nris, nris
Read More
NRI bank accounts must be linked to Aadhaar to avoid blockage 2017-04-12 12:11:19
The Indian tax department on Wednesday (April 12) announced that all the bank accounts, including insurance and stocks – opened between July 2014 and August 2015 have to be linked to the holders Aadhaar card by the end of April....
Keywords: NRI bank accounts must be linked to Aadhaar, NRI news, NRI bank accounts must be linked to Aadhaar to avoid blockage, NRI news
Read More
Nokia's assets get freeze??? 2013-10-01 10:43:44
The news was into prominence that the Indian authorities have frozen some of Finnish telecom giant Nokia's assets, the company said during Tuesday, in the middle of a 20 billion rupee (S$400 million) tax argue vehemently along with the New...
Keywords: Nokia's assets get freeze, New Delhi government, Indian tax officials, Finnish telecom giant Nokia's assets
Read More Indian tax laws give NRIs a raw deal 2013-09-30 06:04:02
There has been a continuous effort in the past decade or so to make the income tax laws simpler, consistent and taxpayer-friendly.The effort has resulted in faster processing of refunds and improving compliance. However, no steps have been taken to...
Keywords: indian tax, tax., indian tax, a raw deal for NRIs.india
Read More Income Tax Payable by NRIs 2013-09-30 05:49:45
According to the Income Tax Act of 1961, an annual tax is levied on income by the Central Government of India. This is known as Income Tax. According to the rules applicable to the NRIs under the tax laws of...
Keywords: Deposit Account., Deposit Account., Income Tax Payable by NRIs, Income Tax Payable by NRIs
Read More
India to Get Swiss Bank Details of All Indians from September 2019-07-11 12:45:08
Last month a report unveiled that unaccounted wealth outside the country held by Indians was in the range of USD 216.48 billion to USD 490 billion over various periods between 1980 and 2010. India's fight against this suspected black money...
Keywords: how much indian black money in swiss bank, how much indian black money in swiss bank, swiss bank, how much indian black money in swiss bank
Read More
Edition:
