by Gaurav Matta | Mar 17, 2025 | Tax & Compliances
For Non-Resident Indians (NRIs), understanding how TCS affects NRI remittances is crucial when sending money abroad. One of the most important aspects NRIs need to be aware of is TCS and LRS for NRIs, which directly impact the amount transferred under the Liberalized...
by Gaurav Matta | Feb 28, 2025 | Tax & Compliances
A Tax Residency Certificate (TRC) for NRIs & DTAA Benefits is an official document issued by the tax authorities of your country of residence (USA, Canada, UK, etc.) to prove that you are a tax resident there. This certificate is essential for NRIs who wish to...
by Gaurav Matta | Feb 18, 2025 | Tax & Compliances
The Union Budget 2025 financial impact on NRIs is significant, introducing key reforms aimed at simplifying tax compliance, easing remittance rules, and tightening regulations for non-residents. These changes reshape India’s fiscal policies, influencing...
by Gaurav Matta | Jan 17, 2025 | Tax & Compliances
For NRIs, inheriting property or other assets in India is more than just a financial matter—it’s often about preserving family legacies. However, navigating inheritance laws and tax implications for NRIs often involves a maze of legal requirements, tax implications,...
by Gaurav Matta | Jan 6, 2025 | Tax & Compliances
For Non-Resident Indians (NRIs) earning income in India and abroad, understanding how to avoid double taxation is crucial. The Double Taxation Avoidance Agreement for NRIs ensures that they are not taxed twice on the same income—once in India (source country) and...
by Gaurav Matta | Jan 3, 2025 | Tax & Compliances
For Non-Resident Indians (NRIs), understanding TDS for NRIs on Property Sales and Income is essential as it impacts various financial transactions, from property sales to interest earned and investments. While TDS on property sales is widely discussed, many NRIs are...
