For every person who qualifies as a “resident and ordinarily resident” of India, it is mandatory…
Tag: tax income
Budget 2022: Experts answer your questions on tax regime, capital gains tax, housing loans. business – Times of India Videos
Budget 2022: Experts answer your questions on tax regime, capital gains tax, housing loans ,
Taxability depends on your residential status
I have a UK passport and some investments in India are mainly through mutual funds. I…
Foreign income is not taxable under DTAA
I am an OCI (Overseas Citizen of India) card holder residing in Toronto. My wife and…
RNOR’s external income is not taxable
I am a returning NRI and my status will be converted to resident and ordinarily resident…
A student loan requires an earning co-applicant as well as collateral
My wife and I own shares of a reputed company. We want to sell them and…
Money gifted to your wife will not be taxable
I have been working in America for the last six years. I came to India in…
Investment in India from abroad taxable
I have been living in UAE for last seven years and have Non Resident Outsider (NRE)…
If you have any foreign assets then you have to file income tax return
Individuals whose taxable income is below the basic exemption limit still need to file their income…