Taxability of any income under the Indian Income tax Act, 1961 (‘the Act’) depends primarily on residential status of a person. For instance, a person considered as Resident and Ordinarily Resident under the Act is […]
Imagine a situation where Mr. A, a non-resident, had purchased 100 shares of ABC Ltd. on a recognised stock exchange on 08.06.2016 for Rs. 550 per share. Today the price of shares of ABC Ltd.
The Government of the United States of America (USA) enacted Foreign Account Tax Compliance Act (‘FATCA’) in 2010 with an intention to curb tax evasion by U.S. citizens and residents maintaining accounts in foreign countries
Many NRIs prefer having insurance policies in India with a planning that they may eventually settle down in India. Also, many would have already taken insurance cover before moving abroad. This write-up covers the broad
Settlement money on Insurance policies – FEMA and Income tax in India Read More »
Shares and securities form one major avenue for investment by NRIs. In this article, we wish to give a general overview of two major economic laws i.e. FEMA and income tax in India via-a-vis investment
NRI investment in securities – FEMA and Income tax in India Read More »
October 16, 2019 Almost all NRIs wish to have atleast one house in India either as part of their investment planning or out of attachment to the motherland and a hope that they may settle
NRI Investment in residential house in India – FEMA and Income tax implications Read More »
Vigilance Awareness Week 2025 is being observed from October 27th to November 2nd, 2025, with the theme:
All stakeholders are encouraged to participate in the e-pledge initiative by visiting the CVC portal: https://pledge.cvc.nic.in/.
