Category Archives: NRI taxes

Do All NRIs Need To File Tax Before July 31?

With the 31st July deadline for filing tax returns just around the corner, everyone’s talking tax. Are you an NRI? You should be concerned too.

PPF and NSC Rules Changed For NRIs. Here Is What It Means!

The changes in rules for select small savings scheme investment like PPF and NSC for NRIs calls for accounts to be closed before their maturity in case the account holder’s status changes from resident to non-resident Indians.

NRE vs NRO: What’s The Difference?

If you are an NRI, you might need to repatriate money earned overseas to India. Or, you would like to manage income from India from your foreign location. Here’s where NRE and NRO accounts enter the scene. Learn about the differences between the two.

All You Need to Know About DTAA

Malini, an IT professional has scheduled her travel to the US for working onsite. Travelling overseas for work was not new for Malini, but this time, with a big project in hand, she was likely to be abroad for more than a year. While Malini was happy that an onsite work profile would do well… Read More »

Tax Implications While You Are Posted Abroad

There was a time when IRIs (India-Residing Indians) looked at their NRI cousins with quiet jealousy. Going overseas for work is still considered to be a barometer of success. But NRIs are not descendants of Uncle Scrooge. They too work hard and pay taxes. If you are one of those travelling overseas for work and subscribe… Read More »

Of tax slabs – Budget 2012

The finance minister Mr. Pranab Mukherjee is facing one of the toughest challenges of his long and distinguished career as the man at the helm of financial planning for the nation. This year’s Union Budget comes a time when the ruling coalition faces multiple challenges from almost every quarter and the frustration of the masses… Read More »