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NRIs No Longer Liable to Tax-Free Gifts from Relatives in India 2019-07-08 07:15:07
India budget 2019 has proposed to draw attention to a loophole that helped Non-Resident Indians (NRIs) avoid the tax net on gifts received from India. Whatsoever gift received by a taxpayer in India is taxable under the head, income from other sources,...
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Read MoreIndia Budget 2019: Aadhar Card Under 180 Days for NRIs on Arrival 2019-07-05 07:33:16
Union Finance Minister Nirmala Sitharaman in her maiden Budget 2019 speech on Friday eased the waiting time for getting Aadhaar card for Non-Resident Indians (NRIs). Sitharaman proposed to issue Aadhaar cards to non-resident Indians holding Indian passport on their arrival...
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Read MoreNRIs Expect Big Reforms in India Budget 2019 2019-07-04 06:10:36
India’s finance minister Nirmala Sitharaman is set to announce Indian budget 2019 on July 5 and Non-Resident Indians (NRIs) are expecting a host of reforms that would ease the rules for them to conduct business in India and increase their...
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Read MoreIndia Budget 2019 Cracks down on NRI Tax Evaders 2019-07-08 07:21:09
The 2019 Union Budget proposed by Indian Finance Minister Nirmala Sitharaman on July 5, aimed to tighten the noose around NRI tax evaders. Under the new budget, the Indian government has expanded the coverage of the Black Money (Undisclosed Foreign...
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Read MoreIndia Budget 2019: List of Things That Got Cheaper and Expensive 2019-07-05 09:53:04
Finance Minister of India on Friday presented her maiden Budget for 2019-20 in Lok Sabha. In her speech, Sitharaman said, with the verdict of the Lok Sabha Polls 2019, the people of India have validated their two goals for the country's future -...
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Read MoreIndia Budget 2019: NRI Investments to Become Much Easier 2019-07-05 10:15:29
India budget 2019 presented by Finance Minister Nirmala Sitharaman on Friday brought relief to Indians abroad or Non-Resident Indians to some extent as government simplified the rules and regulations pertaining to investment pattern to encourage more NRI Investments with a...
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