Inheritance of foreign assets under a will is not taxable whereas the sale of such assets by the legal heir would attract capital gains tax in the hands of the legal heir.
According to Indian tax laws, any person whose income exceeds the maximum amount not chargeable to tax during the financial year, is required to file an ITR in India
NRIs are required to update all bank accounts, meet KYC (know your customer) norms, file income tax and make investments as per the new residential status acquired by them.
In the state of Texas, the most violent incident happened. A teenager of Indian origin was suspended from Coppell Middle School in the Coppell region of the state.