There is no harm in filing ITR even income is below the Basic Exemption limit. Filing ITR will help you in maintaining the record…
I ) Non-Resident External Account (NRE) – NRE Accounts are maintained in INR. When you deposit the money in the NRE Account,…
In Union Budget, 2020, it is proposed to widen the scope of TCS (Tax Collection at source). The Foreign Tour Operator will be liable…
Q 1. What is direct investment outside India? Ans: Direct investment outside India means investments, either under the Automatic Route or the Approval Route,…
Each family in India has at least one family which is resident outside India. Previously, the number of transactions between a resident…
The income of minor child will be clubbed in the income of that parent (mother/father) whose total income [excluding the income of the…
Finance Bill 2013 has introduced Section 194IA to cast an obligation on the buyer of a property to withhold taxes on payments to…
With the advent of Globalization, more and more Indian companies are interested in doing business outside India. They want to set-up a branch office…