Non-Resident Indian
Putting a property on rent has its pros and cons. On one hand one can expect passive income; on the other hand asking a tenant to vacate the premises often is an ordeal. The Supreme Court (SC) overruling the high court order mentioned that the Non-resident Indians cannot be asked to prove ownership of their [...] 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 »
