by Gaurav Matta | May 2, 2025 | Tax & Compliances
When buying property in India, especially from a Non-Resident Indian (NRI), it is essential to understand the rules surrounding Tax Deducted at Source (TDS). Failure to comply with these rules can lead to hefty penalties and legal consequences. Here’s everything you...
by Gaurav Matta | Apr 29, 2025 | Tax & Compliances
For Non-Resident Indians (NRIs), navigating the tax system in India can be challenging, especially when it comes to Tax Deducted at Source (TDS) on various income sources like rental income, interest, dividends, and capital gains. NRIs are often subject to TDS on...
by Gaurav Matta | Apr 11, 2025 | NRI Services
Moving abroad and becoming a Non-Resident Indian (NRI) is an exciting milestone, but it comes with a unique set of responsibilities. From managing your finances to handling your Indian investments and ensuring everything is in order with your legal and tax status,...
by Gaurav Matta | Apr 8, 2025 | Tax & Compliances
When an Indian citizen moves abroad, their residential status changes, which directly affects their tax liabilities in India. This change in status is not just a legal formality; it significantly impacts how the individual is taxed, particularly for Non-Resident...
by Gaurav Matta | Apr 1, 2025 | Tax & Compliances
As an NRI, understanding the tax implications of selling your property or any other asset in India can save you significant money. Two sections under the Income Tax Act 1961—Section 54 and Section 54F—offer tax exemption for NRIs on property in the form of exemptions...
