In this write-up, I have made a attempt to summarise the various criteria adopted by key countries to determine the residential status of an individual. As you would read further, one thing that is
Residential status rules for individuals in different countries Read More »
Background: Employees Stock Option Scheme or ESOPs as they are commonly referred to, are options given by the employer companies to their employees to buy shares at a future date at a pre-determined price. It
Employee Stock Option Scheme – income tax implications in India Read More »
The residential status criteria for individuals under the Indian income tax Act, so far, were related to his number of days he / she physical stayed in India in a financial year. In order to
So by now everybody knows that Dividend Distribution Tax (‘DDT’) is abolished and classical system of dividend taxation is re-introduced. We have tried to explain in this article as to what does this mean and
Dividend taxation – going back to the old times Read More »
Returning back to one’s native after a considerable stint in a foreign country can be a major decision of one’s life and needs a lot of considerations. Nevertheless, once you have decided to come back,
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
Tax Residency Certificate for non-residents Read More »
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
FATCA / CRS – A quick read Read More »
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 »
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/.
