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Latest Questions Q: How does the double taxation avoidance agreement work in the context of tax on income and capital gains tax paid in India by NRI?
A: India has DTAA's with several countries which give a favorable tax treatment in respect of certain heads of income, However, in case of sale of immovable property, the DTAA with most countries...
- 132 Days ago
- NRI Taxes
- Business and Finance
- See Answer
Q: Are NRIs eligible for housing loans to buy property from any bank in India?
A: An authorized dealer or a housing finance institution in India approved by the national housing bank may provide housing loan to an NRI or a PIO, for the acquisition of residential accommodation...
- 132 Days ago
- NRI Loans
- Business and Finance
- See Answer
Q: When should an NRI file tax returns?
A: If you are an NRI/PIO/OCI, you would have to file your income tax returns if you fulfill either of these conditions.
* Your taxable income in India during the year was above the basic exemption...
- 132 Days ago
- NRI Taxes
- Business and Finance
- See Answer
Q: Is power of attorney and power of administrator same How i can revoke the power of administrator ,i can do it from USA ? and whom to address for the same
A: Please follow the reference link to know the complete procedure of revocation of power of attorney.
https://www.videshi.com/nri-information/how-to-cancel-power-of-attorney-in-india
- 132 Days ago
- Others
- Government Services
- See Answer
Q: Does NRI need Aadhar card for bank account in India?
A: NRI need not link their aadhar card with the bank account. If you are an NRI and want to apply for aadhaar card then you must stay in India for a minimum period of 182 days in a current financial...
- 133 Days ago
- NRI Banking
- Business and Finance
- See Answer
Q: Who needs to submit Form 10F and Tax Residency Certificate (TRC)?
A: Form 10F and TRC is required to avail the benefit of no TDS. This benefit is only available if the DTAA treaty with the country of your residence specifies that the income is taxable in other...
- 134 Days ago
- NRI Taxes
- Business and Finance
- See Answer
Q: What is the Tax Residency Certificate (TRC)?
A: Tax residency certificate (TRC) is a document issued by an authorized Governmental body of a country certifying that the person is a tax resident of the issuing country. TRC issuing authorities are...
- 134 Days ago
- NRI Taxes
- Business and Finance
- See Answer
Q: Is TDS applicable on insurance payouts to NRIs?
A: Yes, the tax will be deducted at source (TDS) under Section 195 of the Income Tax Act, 1961 on any sum paid under a life insurance policy to Non-Resident Indians only if the policy is not exempt...
- 134 Days ago
- NRI Taxes
- Business and Finance
- See Answer
Q: What are the details required for submitting FATCA/CRS?
A: Following additional details will be mandatorily required at the time of account opening and at the time of renewals for pre-existing accounts as defined under FATCA/CRS, if not provided earlier....
- 134 Days ago
- NRI Taxes
- Business and Finance
- See Answer
Q: What are the tax deductions allowed to NRI's?
A: The following are the tax deductions allowed to NRI's:
* Life insurance premium payment
* Tuition fee payment
* Principal repayments on loan for the purchase of house property
* ULIPS or...
- 135 Days ago
- NRI Taxes
- Business and Finance
- See Answer
Q: How does the double taxation avoidance agreement work in the context of tax on income and capital gains tax paid in India by NRI?
A: India has DTAA's with several countries which give a favorable tax treatment in respect of certain heads of income, However, in case of sale of immovable property, the DTAA with most countries...
- 132 Days ago
- NRI Taxes - Business and Finance
- See Answer
Q: Are NRIs eligible for housing loans to buy property from any bank in India?
A: An authorized dealer or a housing finance institution in India approved by the national housing bank may provide housing loan to an NRI or a PIO, for the acquisition of residential accommodation...
- 132 Days ago
- NRI Loans - Business and Finance
- See Answer
Q: When should an NRI file tax returns?
A: If you are an NRI/PIO/OCI, you would have to file your income tax returns if you fulfill either of these conditions. * Your taxable income in India during the year was above the basic exemption...
- 132 Days ago
- NRI Taxes - Business and Finance
- See Answer
Q: Is power of attorney and power of administrator same How i can revoke the power of administrator ,i can do it from USA ? and whom to address for the same
A: Please follow the reference link to know the complete procedure of revocation of power of attorney. https://www.videshi.com/nri-information/how-to-cancel-power-of-attorney-in-india
- 132 Days ago
- Others - Government Services
- See Answer
Q: Does NRI need Aadhar card for bank account in India?
A: NRI need not link their aadhar card with the bank account. If you are an NRI and want to apply for aadhaar card then you must stay in India for a minimum period of 182 days in a current financial...
- 133 Days ago
- NRI Banking - Business and Finance
- See Answer
Q: Who needs to submit Form 10F and Tax Residency Certificate (TRC)?
A: Form 10F and TRC is required to avail the benefit of no TDS. This benefit is only available if the DTAA treaty with the country of your residence specifies that the income is taxable in other...
- 134 Days ago
- NRI Taxes - Business and Finance
- See Answer
Q: What is the Tax Residency Certificate (TRC)?
A: Tax residency certificate (TRC) is a document issued by an authorized Governmental body of a country certifying that the person is a tax resident of the issuing country. TRC issuing authorities are...
- 134 Days ago
- NRI Taxes - Business and Finance
- See Answer
Q: Is TDS applicable on insurance payouts to NRIs?
A: Yes, the tax will be deducted at source (TDS) under Section 195 of the Income Tax Act, 1961 on any sum paid under a life insurance policy to Non-Resident Indians only if the policy is not exempt...
- 134 Days ago
- NRI Taxes - Business and Finance
- See Answer
Q: What are the details required for submitting FATCA/CRS?
A: Following additional details will be mandatorily required at the time of account opening and at the time of renewals for pre-existing accounts as defined under FATCA/CRS, if not provided earlier....
- 134 Days ago
- NRI Taxes - Business and Finance
- See Answer
Q: What are the tax deductions allowed to NRI's?
A: The following are the tax deductions allowed to NRI's: * Life insurance premium payment * Tuition fee payment * Principal repayments on loan for the purchase of house property * ULIPS or...
- 135 Days ago
- NRI Taxes - Business and Finance
- See Answer
News
Indian immigration to US down 7.5% - Economic Times
Indian-origin lawyer sues Tesco over chocolate - Times of India
Indian-American among Nasa's new astronauts; all set to conquer Moon, Mars - Times of India
Indian-origin physician sentenced to two years in US - Times of India
UAE launches multi-entry tourist visas for all - Economic Times
