Category Archives: NRI taxes

Capital Gains Tax For NRIs

Are you an NRI? Want to sell your property in India? Confused about capital gains? Don’t know whether you can take the money abroad? Then, this is for you.

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.

Do All NRIs Need To File Tax Before 31st July?

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.

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 »

Can an NRI buy property in India?!

The government of India has offered permission for the Non-Resident Indian (NRI) and Person of Indian origin (PIO) to purchase immovable property in India. This is a general permission and it covers only the purchase of residential and commercial property. The purchase of agricultural land, plantation property or farmhouse in India is not permitted. The… 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 »