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 | Feb 13, 2025 | Tax & Compliances
The Union Budget 2025 has introduced a significant tax reform: zero tax on annual incomes up to ₹12 lakh under the new tax regime. This move has been widely welcomed by India’s middle-class taxpayers, but the question remains—Can Non-Resident Indians (NRIs)...
by Gaurav Matta | Jan 28, 2025 | Tax & Compliances
Inheriting agricultural land in India as a Non-Resident Indian (NRI) involves navigating complex legal, regulatory, and tax landscapes. While the process is steeped in cultural and emotional significance, ensuring compliance with Indian laws and understanding tax...
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...