High-income resident Indians will end up with a higher tax outgo
The court on its own impleaded the Union housing and finance ministries as party respondents
The Union Budget had proposed on Saturday that NRIs have to pay up taxes on global earnings, if they're not paying in any other jurisdiction or country, generating much debate
'What we are doing now is that the income of an NRI generated in India will be taxed here', said FM
This means if an Indian citizen is not a resident of any country, they will now be deemed an Indian resident and their income will be taxed here
Working professionals are uprooting themselves for a better life in Canada, Australia. But it's a test of perseverance
There seems to be a fundamental flaw in the way some of the income tax provisions are administered that hurts non-resident Indians' (NRI) real estate investments in India
Only senior citizens (resident individuals of age 60 years or more) are not required to pay advance tax.
NRIs with Indian passport can now apply for biometric ID on arrival or by scheduling a prior appointment
As Saudi Arabia tries to develop its fledgling tourism industry, its also tackling citizen unemployment, which hit a high of nearly 13% last year
The department has pulled up people who evaded tax and were sent notices a month ahead of Budget 2019