International secondments offer employees global career growth, but they also introduce complex tax challenges. If you are temporarily working in another country, you may have several tax-related concerns, such as:  This guide breaks down the tax implications for seconded employees, explaining DTAA benefits and providing a real-life case study to help you navigate tax planning…

For Non-Resident Indians (NRIs) selling property in India, adhering to tax compliance under the Income Tax Act, 1961, is crucial to prevent excessive tax deductions and transaction delays. One major challenge NRIs face is the high rate of Tax Deducted at Source (TDS), which significantly reduces net sale proceeds.  Key Topics Covered:  By following these…

Many Non-Residents (NRs) returning to India are unsure about the tax implications of their residential status change. They often ask:  If you are an NRI planning to move back to India, this article will help you understand the tax impact of becoming a resident under the Income Tax Act, 1961.  What Are the Common Misconceptions…

When an individual move abroad for work or business, their residential status changes, leading to significant tax implications. Some of the key questions they ask include:  This article will clarify these key tax concerns for individuals transitioning from Resident to Non-Resident under the Income Tax Act, 1961.  What is Unclear About NRI Taxation?  Many people…

Many Non-Resident Indians (NRIs) believe that just because they reside outside India, their business and professional income is exempt from Indian taxes. But is that really the case?  The Income Tax Act does not just consider where you live; it also looks at where your business is controlled from and where your profession is set…

If you are planning to move abroad for work or business, or if you are an NRI managing financial affairs in India, you might assume that once you leave India, you automatically qualify as a Non-Resident (NRI) under all Indian laws. But is that really the case?  The reality is that residency status is not…