26 Feb, 2024

Repayment of Home Loan by NRIs from NRO or...

In cities like Gurgaon, Pune, Faridabad, and Bangalore, the number of immovable properties owned by NRIs is significant...

NRIs should Convert Saving Bank Account to NRO/NRE Account and the Consequences of Not Doing So

26 Feb, 2024

NRIs should Convert Saving Bank Account to...

If you're an Indian resident moving to places like the USA, Singapore, Canada, or the UK for work, studies, or business...

NRIs can remit upto $1 million from Sale Proceeds of Sale of Property

26 Feb, 2024

NRIs can remit upto $1 million from Sale P...

Did you know that as a Non-Resident Indian (NRI), you can sell property in India and remit up to $1 million from the sa...

Benefits to NRIs under FEMA and Income Tax Act

26 Feb, 2024

Benefits to NRIs under FEMA and Income Tax...

Do you know when you're considered a Non-Resident Indian (NRI) under the Foreign Exchange Management Act (FEMA)? And ar...

Insertion of schedule of Section 80DD, 80U in Form ITR-2 and ITR 3 to Stop fake deduction

26 Feb, 2024

Insertion of schedule of Section 80DD, 80U...

Recently, the income tax authority issued a corrigendum regarding the income tax form. They added a new table regarding...

Mistakes to Avoid in Property Purchases from Residents and NRIs

22 Feb, 2024

Mistakes to Avoid in Property Purchases fr...

When you're buying property, you need to deduct TDS (Tax Deducted at Source) from the seller's payment and deposit it w...

Tax Implications for NRIs Selling Property in India and Lower TDS Certificate

22 Feb, 2024

Tax Implications for NRIs Selling Property...

Investing in a home is a significant life decision, but when someone is relocating from their home country permanently ...

Practical Challenges faced by Buyers, buying immovable properties from NRIs

22 Feb, 2024

Practical Challenges faced by Buyers, buyi...

In a world full of uncertainties, it's crucial to stay vigilant, especially when it comes to big investments like prope...

21 Feb, 2024

Introduction of the Change Request Form (C...

In an effort to enhance user convenience and address exceptional circumstances, stakeholders are notified about the dep...

Advisory on  GSTN’s Enhanced E-Invoice Master Information Portal

21 Feb, 2024

Advisory on  GSTN’s Enhanced E-Invoi...

In commemorating one year of successful operation since going live, the Goods and Services Tax Network (GSTN) proudly i...

Challenges that NRI faces while selling Property in India and Option to get lower TDS certificate

21 Feb, 2024

Challenges that NRI faces while selling Pr...

Understanding NRI (Non-Resident Indian) laws and how to comply with them when dealing with property transactions in Ind...

The Crucial Role of Chartered Accountants in GST Appeals

17 Jan, 2024

The Crucial Role of Chartered Accountants ...

Introduction: Goods and Services Tax (GST) in India has brought about a paradigm shift in the taxation landscape, ne...

Benefits of Engaging a Chartered Accountant in GST Registration

17 Jan, 2024

Benefits of Engaging a Chartered Accountan...

Introduction: Navigating the intricate landscape of Goods and Services Tax (GST) in India requires meticulous attent...

The obligation of the buyer to confirm the GST registration status of the seller on the GST Portal

17 Jan, 2024

The obligation of the buyer to confirm the...

In a significant pronouncement on November 6, 2023, the Hon’ble Supreme Court addressed a crucial GST compliance matt...

An appeal is permissible if the Authority recognizes the demise of key personnel responsible for compliance.

17 Jan, 2024

An appeal is permissible if the Authority ...

In a recent landmark judgment dated December 18, 2023, the Hon’ble Madras High Court addressed the predicament faced ...

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