The Income Tax Bill 2025 is a big step forward in making India’s tax system friendlier but there are areas that need review. Constructive stakeholder consultations will be key to refine its provisions ...

Dubai’s tax landscape is a major draw for individuals and businesses, offering significant financial advantages while ...

The Income Tax Bill, 2025, introduces changes affecting NRIs and foreign companies, including tax rates on dividends and ...

Indian banks offer home loans for NRIs covering 80-85% of the property value, with repayment terms ranging from 10 to 20 ...

To encourage non-resident Indians to set up electronics manufacturing facilities and provide support services, a simple and ...

The simplified ITR-1 form is currently available for residents. Extending it to NRIs with limited income sources would make tax filing easier ...

Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), ...

Non-resident property transactions in India face compliance challenges, including obtaining TAN, depositing TDS, and filing e-TDS returns. It is hoped that Budget 2025 simplifies these processes and ...

such as a Tax Residency Certificate (TRC), Form 10F, and other details. However, obtaining these documents can be challenging due to differences in fiscal years between India and foreign ...

Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...

The proposed Income Tax Bill, 2025 aims to simplify the tax system with a reduction in sections and word count, introduce a ...

Budget outlines measures to boost investment and employment, particularly focusing on the International Financial Services Centre (IFSC). Key provisions include extending tax incentives for IFSC units ...