Non Resident
The urban development ministry is proposing for an important change in the foreign direct investment (FDI) policy for construction sector, which will permit foreign investors to purchase farm land in India. There has been a proposal to relax the FDI rules for construction and housing by the Department of Industrial Policy and Promotion (DIPP). It has suggested that a company owned and [...] Continue Reading »
Direct Taxes Code Bill proposed to make an NRI liable to pay tax on global income The new DTC (Direct Taxes Code) Bill has been proposed in order to make an NRI liable to pay tax on global income if he resides in India in a particular year. In addition, the DTC has also removed [...] Continue Reading »
