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What is the Cross-border Taxation for NRIs?
Cross-border taxation for the NRIs refers to the NRI who generates an income from one country and lives in another country. It is a taxation that sets the rules and...
AMLast reply by
Arjun Mehta
3Replies
What is a Tax Residency Certificate (TRC)?
A tax residency certificate is an important document that certifies an individual's tax residency status. This certificate is issued by the tax authority of a country and is also used...
ARLast reply by
Aishwarya Reddy
2Replies
Do NRIs Have to Pay Taxes on Foreign Income in India?
No, NRIs don't have to pay taxes in India if they are generating a foreign income outside India, then it is not taxable. However, if they are generating a taxable...
KSLast reply by
Khushi Shetty
3Replies
What is the FEMA Limit?
The FEMA limit refers to the Liberalised Remittance Scheme (LRS), under which all individual residents, including minors, are allowed to freely transfer funds for up to USD 250,000 in a...
HSLast reply by
Harshal Sutar
3Replies
How Can NRI Save Taxes?
NRIs can save taxes through various ways, like,
From the NRO, NRE, and FCNR accounts, according to the Income Tax Act, 1961, interests earned on these accounts are tax-free in...
SLast reply by
Savetaxs
3Replies
What is Section 90a of the Income Tax Act?
Section 90A of the Income Tax Act is applicable between the specific associations of two countries that have signed the Double Taxation Avoidance Agreement (DTAA). This Section allows for a...
RMLast reply by
rishabh mathur
4Replies
What is Section 91 of the Income Tax Act?
Section 91 of the Income Tax Act applies to an individual who is eligible to claim the tax relief under a condition if the DTAA is not present between Indian...
SLast reply by
Savetaxs
4Replies
What is Section 90 of the Income Tax Act?
Section 90 of the Income Tax Act, which is applied when is DTAA is present. This makes sure that not a single individual who works in a company or any...
