Category: Taxation and Auditing

3 Important Facts You Need to Know About NRI Tax


NRI taxation is one of the most intriguing yet confusing topics ever. So, we decided to solve the mystery for you for once and for all. In this article, we will discuss the 5 important facts about NRI tax that everyone should know. Let us begin!

Read more

Tax implications for NRI buying property in India


If you are planning to buy a flat from an NRI, you must understand the NRI Property Tax implications in India and possible deductions on such properties while purchasing it. In case you purchase property from Non-Resident, as per the section 195, 20% of TDS deductions is applicable.

Read more

Understanding the New Tax Clearance Certificate Requirement for Indians Travelling Abroad


New government laws need a tax clearing certificate from October 1, 2024. Understand the ramifications of the harsher exit norms, including amendments to the Black Money Act. Ensure a hassle-free travel by remaining informed. Starting from 1 October 2024, the Government of India has introduced new regulations requiring all Indian citizens to obtain a Tax Clearance Certificate (TCC) before leaving the country. This measure aims to ensure compliance with tax obligations and prevent tax evasion.

Read more