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Many expatriates living in India and non-resident Indians living in any other country may just end up in tax trouble with no fault of theirs. They all are set to miss the July 31 deadline for filing income-tax returns due to snags in the… 429 more words

Latest Posts

Non-resident Indians (NRIs) won’t be required to disclose their overseas bank accounts in the income tax return form, the Central Board of Direct Taxes (CBDT) has said. 280 more words

Latest Posts

Immigration Fraud: Indian to lose US citizenship after being convicted

US citizenship is a privilege that many legal immigrants aspire to. It takes a lot of persistence and effort to be granted this right by the US government. 402 more words

Tax practitioners and lawyers are inundated with phone calls from these individuals who fear non-disclosure could put them on the wrong side of Indian regulations. 714 more words

Income Tax

What is a FCNR Deposit?

The Foreign Currency Non Resident Deposit (or the FCNR-B), is an exclusive deposit for Non Resident Indians, that is maintained in select currencies of choice. For those NRIs sending money across to India, the possibility of foreign exchange risk exists, by way of conversions done at the time of investment and again at the time of repatriation. 691 more words

Investment & Planning

Goodbye Dubai

After almost thirty years of living in Dubai, I left. Although the possibility of packing up had been hovering as a ‘someday’, the actual decision felt like an anvil hitting the pit of my stomach. 1,070 more words

Soul Juice

Want to be part of India's development? Know more about Joy of Giving!

“Although, the Indian Diaspora is a very heterogeneous group, there is a common factor which binds them- their desire to maintain their connection with their homeland and to contribute to the social and development efforts in India. 32 more words