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NRIs: Got Indian income tax notice on high-value deals of 2023? What to do

NRIs receive notice relating to past transactions, deposits, issues concerning tax filing

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Canara Bank to pay Rs 9 lakh as compensation to NRI for deficiency in services: NCDRC

National Consumer Disputes Redressal Commission (NCDRC) has directed state run lender Canara Bank to pay Rs 9,09,288 to an non-resident Indian person due to deficiency in service and indulging in unfair trade practices. It is noteworthy that the NRI first filed a case in State Consumer Commission and then to NCDRC.

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How income in India is taxed for NRIs

Despite their physical presence abroad, NRIs maintain tax obligations on their Indian-sourced income.The capital gains tax provisions for NRIs are similar

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Current To Savings, Know The Accounts Banks Offer Their Customers

You can put a sizable sum of money in an FD account for a set period at a predefined rate of interest

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NRIs: What to do if you received a reassessment notice from the Indian income tax department

NRIs receive notice relating to past investments and issues concerning tax filing

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NRIs: What to do if you received a notice from the Indian income tax department

Some non-resident Indians (NRIs) received notices from the income tax department in India

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Can NRI buy Term Insurance in India? – All you need to know.

You can definitely buy a Term Insurance plan in India if you’re an NRI or a PIO or an OCI cardholder. Buying Term Insurance in India has now become easy. This article covers the most frequently asked questions. Read ahead to know more.

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NRIs: How to save money on taxes when you deposit money in Indian bank accounts or investments?

If you have investments or assets in India you will have to pay tax on any income you make

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Investments in India from abroad taxable

Under the exchange control law, the permissible debits to an NRE account are local disbursements, remittance outside India, transfer to other NRE/ Foreign Currency Non-Resident Account (B) accounts and investments in India

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Should NRIs file income tax returns in India? If yes, how to go about it and what all is considered?

Should NRIs file income tax returns in India? If yes, how to go about it and what all is considered?
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