Know how to deal with emigration-related rules and obligations
Many Indians are migrating from India to various countries during the year and they might not know the rules and obligations under FEMA & Income Tax Act that need to be addressed b
LRS is scheme to invest and remit money abroad
India has made significant progress in liberalizing foreign exchange transactions for its citizens. As many individuals are migrating from India and returning to India, it is impor
LRS scheme on purchase of immovable properties outside India
Purchasing property is not only an investment opportunity, but also a necessity in order to find a place to live or establish a business. As a result, the need to purchase property
Financial Commitments in Joint Ventures (JV) and Wholly Owned Subsidiaries (WOS)
Overseas investments (or financial commitments) in Joint Ventures (JV) and Wholly Owned Subsidiaries (WOS) have been identified by Indian entrepreneurs as important avenues for pro
Overseas Direct Investment
Overseas investments (or financial commitments) in Joint Ventures (JV) and Wholly Owned Subsidiaries (WOS) have been identified by Indian entrepreneurs as important avenues for pro
The Saga of Start-ups and Angel Tax
What is a Start-up? A startup is a company that is in the initial stages of its operations. The promoters basically come up with an idea/ business model that targets the market nee
Gift Tax for Non resident Indians | NRI Gift Tax
Our terrene is filled with people who are bound into close-knit families, having a lot of reasons to celebrate on various occasions. On such occasions, people exchange multiple gif
Pan Card for NRI | Why Pan Card is important for NRI
PAN Card is mandatory for every person who is required to file a return of income or intends to enter into an economic or financial transaction where quoting of Transactions in whi
GST on Non-Resident Tax Payer
To understand the applicability of GST for non-resident tax payer ,one should know who is a non-resident as per GST law. A non-resident taxable person means any person who occasion
TCS ON E-COMMERCE OPERATORS UNDER GST
What is TCS in GST? TCS in GST means that the E-commerce operators will have to collect the tax from those suppliers who are selling goods or providing services on/through their si