An NRI in Brazil providing architectural services to a Goa company may still face Indian tax. But the India-Brazil tax treaty could cap the tax at 10% of the gross professional fees.
2 min read31 Aug 2026The Jeevan Pramaan platform allows pensioners to submit Digital Life Certificates online, but NRIs reportedly face challenges like lack of Aadhaar-linked Indian mobile numbers and difficulties with digital services, prompting many to submit offline.
3 min read28 Aug 2026A single estate may be subject to different legal regimes, resulting in succession complexities.
3 min read27 Aug 2026From October 1, 2026, resident individuals and HUFs buying property from NRIs can use their PAN to deposit TDS instead of obtaining a TAN. Until September 30, buyers must follow the existing TAN-based process, while TDS remains applicable from the first rupee.
4 min read27 Aug 2026NRIs face special tax rules when selling property in India that differ from those for residents. TDS rates vary by capital gains type. Buyers must ensure proof of TAN acquisition and TDS payment for registration.
2 min read26 Aug 2026The gift of money from your NRO bank account to your father’s HUF will not create any tax liability for you, as a gift of money is not taxable in the hands of the person making the gift.
2 min read17 Aug 2026An NRI living in the US faced a tax notice for unexplained funds used to buy a Mumbai flat using funds from his NRE account. Here's what happened next.
2 min read16 Aug 2026An NRI shared his transformative journey in Germany, where he completed his Master's, secured a job and expanded his family business. Initially meant to be temporary, Germany became a life-changing experience.
2 min read10 Aug 2026Such deposits at foreign banks surged nearly 15-fold to $8.97 billion as on 30 July, from just $603 million on 5 June, official data showed. Among the biggest gainers, HSBC saw outstanding FCNR deposits jump from $120.26 million to $6.26 billion, while Standard Chartered mobilised $1.86 billion.
4 min read10 Aug 2026Apart from FCNR(B) deposits, the swap window also received $1.97 billion in overseas foreign currency borrowings and $1.34 billion through external commercial borrowings. Commercial banks exchange dollars for rupees at the swap window at guaranteed rates.
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