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You Searched For "DO NRI pay taxes in India" and got 20 results


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Did you know about the only Indian state exempt from paying any income tax? Know all about it here

​​Sikkim has its income tax manual, which stipulates that no resident of Sikkim was to pay taxes to…

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Last-minute rush: 5 things to do before March 31

March 31 is the end of the financial year and is often a busy time for accountants and bankers. Eve…

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Filing your ITR at the last minute? Don't make these mistakes

As per official data, about 6 crore ITRs have already been filed so far, and around 70% of them hav…

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6 mins read

Are you an NRI having income in India? Here’s how you will be taxed

You are a non resident Indian (NRI) if you live abroad. More specifically, you are classified as "n…

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Union Budget 2024: A handy FAQ guide to decode the upcoming budget

​​​Weeks before the budget presentation, the finance minister also meets representatives from vario…

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5 mins read

My parents struggled in blue-collar jobs. Paying off their mortgage and retiring them is my proudest achievement.

Simmy Dhillon's parents worked blue collar jobs to support the family. At age 27, Dhillon has now r…

Charissa Cheong   


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Indian trade unions to join global protests against Amazon India

Supply chain workers of Amazon in India are protesting against the e-commerce giant as part of a g…

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Job creation remains India’s top economic challenge, per experts polled by Reuters. How can the government resolve this?

India may be the world’s fastest-growing major economy, but dealing with its chronic unemployment w…

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A comprehensive guide to retirement planning in India: Secure your future

Retirement is often compared to a long vacation in Las Vegas: the aim is to enjoy it to the fullest…

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Indian-Americans make up 1% of US population but pay 6% of taxes: Congressman

"Although they make up about one per cent of American society, they pay about six per cent of t…

PTI   


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Clarification on income tax payable by Indians employed in other countries

Finance minister Nirmala Sitharaman in her Budget for 2020-21 had proposed to tax Non-resident In…

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6 mins read

Leaving India and working in tech in the US changed me. I feel too foreign here and too foreign there.

Uday Padyana moved to the US in his 20s. Living in the US has changed him and he's experienced cult…

Robin Madell   


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Budget 2023-24 highlights: Those with income below ₹7 lakh a year need not pay income tax

The FM today changed the income tax rebate limit from ₹5 lakh per annum to ₹7 lakh per annum in the…

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The Indian rich is buying property in Dubai – Tax benefits to rental yields, the driving forces at play

After the COVID pandemic got over, the real estate market has been going from strength to strength …

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ITR filing deadline is today – If you miss it, there are more consequences than just a penalty

The Income Tax Act provides provisions for offsetting and carrying forward losses. Offsetting invol…

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6 mins read

Missed filing your tax returns? Here’s what you pay in late fee & penalties

Throughout the month of July 2022, the Income Tax Department has been sending reminders urging t…

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India’s rich to shell out more for luxury cars, global travel but may have more to invest

The Union Budget 2023-24 is being hailed as the common man’s budget, but at the same time many …

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5 mins read

Mutual fund company stocks bleed this year, thanks to tax hit on debt funds and strict expense ratio norms

The year 2023 has not been kind to asset management companies listed on Indian stock exchanges. The…

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One in four taxpaying citizen yet to file IT returns with 3 days to deadline

Revenue Secretary Sanjay Malhotra said last week that the possibility of extending the deadline for…

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Foreign crypto exchanges in India may have to pay 18% GST as the government mulls over taxation

The 18% slab is meant for capital goods and industrial intermediaries, among other times, while …