If you are a resident of India, all your global income, wherever received, becomes taxable in India, subject to the provisions of a double tax avoidance agreement. In case no such agreement is ...

As a tax-paying citizen in India, you might be already aware of the revision to income tax slabs in India every year. With the new tax regime slabs, certain changes have come about. For instance ...

Eligibility criteria for NRIs looking to filing income tax in India this year For the financial year of 2023, which commences from April 1, 2023 to March 31, 2024, as per regulations, NRIs also ...

As per the Income Tax Act of 1961 (“IT Act”), any individual ... Letter issued by the banking or financial Institution in their letter head, with official seal and signature mentioning the ...

The government has initiated action on its budget promise to revamp India’s Income Tax code and invited suggestions from the public on four areas of reform: simplification of language ...

This taxability of non resident in India diverges from that for resident Indians, emphasizing the need for NRIs to comprehend their tax obligations regarding capital gains and income generated ...

NEW DELHI, Dec 26 (Reuters) - India is considering cutting income tax for individuals making up to 1.5 million rupees ($17,590) a year in February's budget to provide relief to the middle class ...

Takeaways From India's Budget That Slashes Income Tax on the Salaried Middle Class to Spur Growth NEW DELHI (AP) — Indian Prime Minister Narendra Modi’s government presented an annual budget ...