Do NRIs Have to Pay Advance Tax?
Numerous Indian citizens who live and work abroad prefer to maintain a physical presence in India by often visiting, knowing that they will never settle down there; thus, availing of...
What’s the Penalty for Keeping Savings Account and Deposit Accounts as an NRI?
When you change your residency status to NRI, a lot of things happen in your life. A new set of rules governs your finances, from your bank accounts to your...
Typical Accounting Errors Committed: Small Businesses
Before discussing the main accounting errors made by small companies, you must first understand what bookkeeping is and why it is vital. Bookkeeping refers to the organization and preservation of...
What are the criteria for determining a deemed Resident status?
The basics of a clause of determining a resident under the Indian Income-tax Act and the understanding of the same are necessary to determine whether the recognition of the individual’s...
NRI Investment Plans in India
There are many investment options and plans for Non-Indian Residents as the financial planning for them are more or less just like the Indian residents. Many NRIs prefer to invest...
Tax Planning for a Startup in India
These days, seeing the amazing incentives given to startups, many people are coming forward with their amazing plans and innovations. Also, the latest budget has been released, and they have...
Checklist for a Non-resident Indian Taxpayer
Interestingly, in India , the majority of Non-Resident Indians (NRIs) have bank accounts and invest substantial sums in various industries, including bank deposits, stocks, and real estate. Therefore, they have...
Four Methods: To Maximize Tax Savings For Persons Living and Working Overseas
As a non-resident Indian, you can have the unfortunate distinction of paying tax twice. If you live and work abroad, your foreign earnings will be subject to taxation in your...
How to File Income Tax by NRIs?
First of all, let us start with knowing what or who an NRI is? Well, NRI is an acronym for Non-Resident Indian. These are the people who are citizens of...
Why Should You Outsource Your Indirect Tax Advisory Needs to a Professional?
Indirect Tax is the government levy on the costs, transactions, rights, duties, privileges, incomes, etc., of commercial or non-commercial entities like the individual/resident. It is a charge to the income...