NRI and Cross Border Taxation

What are the Income Tax Deductions for NRIs in India?

Here are the deductions under the Income Tax for the NRIs.  For the NRIs, most of the deductions fell under Section 80. A maximum deduction under section 80C is up...

 

What are the Best Way for the NRIs to Send Money to India?

Here are some of the best ways for the NRIs to send money to India.  Wire Transfer: A Non-resident of India (NRI) can transfer their money from foreign or their...

 

What is Fund Repatriation?

NRI funds repatriation means the transfer of funds from the NRI bank account to an Indian bank account or their residence country bank account. It includes both processes of sending...

 

What are the Advantages of Double Taxation Treaties?

Here are some of the major advantages of the double taxation treaties for Indian residents, which help them manage international investments and incomes.  DTAA provides tax exemptions for people who are...

 

What is the Regulation of FEMA?

Here are the FEMA rules for the NRIs If you changed your resident status to the NRI, then you will need an NRO or NRE savings account as per the...

 

Are There Any Income Tax Deductions Available to NRI?

Yes, NRIs are imposed with several exemptions and deductions under the Indian Income tax laws. These deductions come under the sections 80C, 80D, 80G, 80TTA, which are easily available to...

 

What is Form 16 password?

The Password for the Form 16 is the first five letters of your PAN and the date of birth in the DD/MM/YYYY format. Taxpayers will get their Form 16 passwords...

 

What is the Eligibility Criteria for Form 16?

 

Difference between Form 16 and Form 16A?

Form 16 is a TDS certificate issued to the employees of the company. It includes information on salary paid and Tax deduction at source under Section 192 of the Income...

 

Why is Form 16 Required?

Form 16 is required for:  It is a valid proof that the government has received a tax from the employer.  Helps in filing the Income Tax return, which includes essential...