Saving Capital Gains Tax via 54EC Bonds as an NRI
“Synopsis” When NRIs sell property in India, the resulting long-term capital gains can attract a hefty tax bill. Thankfully, Section 54EC of the Income Tax Act provides an effective way...
Taxation
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Taxation of NRI Retirement Income: A Complete Guide
“Synopsis” Taxation of retirement income for NRIs can be complicated, especially when pensions or social security payments are received across borders. Whether you are receiving an Indian pension abroad or...
India–Australia DTAA: Tax Planning for NRIs Down Under
“Synopsis” For NRIs living in Australia, understanding the India–Australia Double Taxation Avoidance Agreement (DTAA) is key to effective cross-border tax planning. This treaty helps Australian resident Indians avoid being taxed...
India–Canada DTAA: How NRIs in Canada Can Claim Tax Relief
“Synopsis” The India-Canada Double Taxation Avoidance Agreement (DTAA) is designed to help Non-Resident Indians (NRIs) living in Canada avoid paying tax twice on the same income. This blog explains how...
Do NRIs Need a PAN Card in India? Why It’s...
“Synopsis” For Non-Resident Indians (NRIs), a PAN (Permanent Account Number) card is not just a formality but an essential document for managing financial and tax matters in India. Without a...
Health Insurance and NRI Taxpayers: Can NRIs Claim Section 80D...
“Synopsis” Many NRIs (Non-Resident Indians) continue to support family members back in India, especially when it comes to medical expenses. But can NRIs claim tax deductions under Section 80D for...
Life Insurance Policies for NRIs – Are They Worth It?
“Synopsis” As an NRI (Non-Resident Indian), you might wonder whether buying a life insurance policy in India is a good idea. The answer is: yes, but with conditions. From protecting...
Investing in Indian IPOs as an NRI: Eligibility, Process, and...
“Synopsis” Initial Public Offerings (IPOs) in India continue to attract investor interest, and Non-Resident Indians (NRIs) are no exception. Many NRIs look to diversify their portfolios by participating in Indian...
Maintaining Bank Accounts After Moving Abroad: Why NRIs Must Convert...
“Synopsis” When an Indian resident becomes an NRI (Non-Resident Indian), many continue using their regular resident savings accounts without realizing it’s illegal under FEMA (Foreign Exchange Management Act). Holding a...
Working Remotely from India for a Foreign Employer – Tax...
“Synopsis” With the rise of remote work, many NRIs and foreign citizens are opting to work from India while staying employed by overseas companies. However, this raises an important question:...
