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Taxes during and after RNOR status

My wife has inherited land in Kerala from her father, which he had inherited. The land is a subject matter of compulsory acquisition from the National Highways Authority of India. In such a case......

For RNOR, foreign income is tax-free in India

A N Shanbhag, investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.\nMy son is a non-resident Indian and I am in government service. He has both a non-resident......

RNOR not required pay tax in India on forex income

A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.A Rediff India Abroad feature: I have been a Non-Resident Indian for the......

A tax checklist for returning NRIs

Disclose foreign assets, redesignate NRO a/c and open a Resident Foreign Currency a/c to park forex earnings India remains one of the fastest growing economies in the world. For those who are......

FM proposes separate ITR form for expats

Some of the disclosures in the ITR form, under review at present, increases procedural hassles for expats After the new income-tax returns (ITR) forms came under criticism from both tax experts and......

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