Filing Income Tax Returns Understanding your residency status as an NRI and how it affects your tax liability is essential. In this article, we’ll discuss the significance of filing income taxes as an NRI, how to calculate your tax burden, important factors to keep in mind while submitting ITR, the advantages of doing so frequently, […]
Do NRIs Need To File Income Tax Returns In India? Read More »
TCS for Forex transactions In the Union Budget 2023, Nirmala Sitharaman, the Finance Minister of India proposed a few changes to the Tax Collected at Source (TCS) rates which will affect forex transactions and outward remittances made under Liberalized Remittance Scheme (LRS) from July 1st, 2023. Let us understand the term Forex transactions and LRS
Tax Collection at Source ( TCS ) for Forex Transactions under the LRS Scheme in India Read More »
Section 89A- Tax Relief on Foreign Retirement Benefit Accounts Section 89A: Non-resident Indians (NRIs) planning to settle down in India after retirement with foreign retirement benefits accounts often faces a lot of difficulties in claiming the benefits under Double Taxation Avoidance Agreement (DTAA). DTAA allows NRIs to claim tax credits or tax exemptions on their
Section 89A Guide for NRIs: Claiming Tax Relief on Foreign Retirement Benefit Accounts Read More »
Double Tax Avoidance Agreement (DTAA) Are you a Non-Resident Indian (NRI) who earns income in India? Then you should know about the Double Tax Avoidance Agreement (DTAA) to avoid paying double taxes on the same income. Let’s say if you are a resident of the UK having rental income in India, in such instance your
Here is how NRIs Can Utilize DTAA to their Advantage Read More »
Kalyan Jewellers India Ltd IPO Kalyan Jewellers India Ltd was incorporated in 1993 and started with a single showroom in Thrissur, Kerala. The company has grown since and is currently one of the largest jewellery companies in India based on revenue as of March 31, 2020. Kalyan Jewellers have expanded their business to become a
Should you apply for Kalyan Jewellers India Ltd IPO? Read More »
March Market Outlook Market Outlook for the month of March: Relatively resilient performance on the back of global challenges: The markets in the month of Feb consolidated by about ~2% and it performed as per our expectation and traded between 18300 and 17000 levels. In recent times, Foreign Institutional Investors (FIIs) have been quite cautious
Market Outlook – Mar’23 Read More »
REITs and InvITs Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) have been a hot topic of discussion in recent times, especially due to the uncertainties surrounding them which have caused their value to plummet. However, before we delve into the reasons behind the recent downfall of REITs, let us first understand what
REITs and InvITs: What Are The Challenges and Opportunities Read More »
Union Budget 2023 – 2024 Highlights Union Budget FY 2023 – 24 was pro-growth and provided focus on capex while ensuring inclusive developments. The FM has struck a fine balance as she is sticking to the path of fiscal consolidation by targeting a fiscal deficit of 5.9% of GDP for FY24 against 6.4% for FY23
Union Budget 2023 – 2024 Highlights Read More »
8 Important Factors of Health Insurance: Every person should have health insurance because of the rising cost of medical care and the rapid rise in lifestyle diseases among Indians. Anybody, at anytime, can experience a medical emergency that has an emotional and financial impact on them. Health insurance is a sort of insurance protection that
8 Factors that make Health Insurance inevitable Read More »
Debt Mutual Funds What is debt? Debt refers to the amount of money borrowed by one party (borrower) from another party (lender). The borrower agrees to repay the borrowed money at a future date along with the interest. Generally companies, banks and governments raise debt capital from the public in order to meet their working
Debt Mutual Funds – Types, Taxation, Indexation benefit, Risk and suitability Read More »
