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Holding Foreign Investments or Bank Accounts? Must Know Income Tax Compliance for NRI Students

Kavi Priya

If you are an Indian student studying abroad, you might be dealing with money matters like opening a bank account in your new country or investing...

Important Update: RBI Extends Annual Foreign Liabilities and Assets Returns Filing Deadline

RBI Issues Guidelines on FIRMS Portal Reporting for Issuance of Partly Paid Units by Investment...

RBI Reports 6% Rise in India’s Total Exports, Reaching All-Time High of $824.9 Billion

Less Tax, more Cashflow: Nirmala Sitaraman replies to question on Tax Collection after Corporate Tax...

Budget 2025 Proposes Exemption on life insurance policy from IFSC Insurance offices

Finance Minister Nirmala Sitharaman presented the Union Budget 2025 on February 1st, 2025 at 11:00 AM before the Parliament. In order to provide parity to non-residents availing life insurance from...

Union Budget 2025 - Budget 2025 Proposes Exemption - life insurance policy - Taxscan

Budget 2025: FM Proposes 5-Year Tax Relief Extension for Startups, Special Tax Benefits for IFSC Global Units

Finance Minister Nirmala Sitharaman presented the Union Budget 2025 on February 1st, 2025, at 11:00 AM before the Parliament. Finance Minister Nirmala Sitharaman has tax reforms aimed at encouraging...

Budget-2025-FM-Proposes-5-Year-Tax-Relief-Extension-Startups-Special-Tax-Benefits-IFSC-Global-Units-taxscan

Insights from Past Budgets: Trends and Patterns to Watch

Introduction The budget presentation, carries significant implications for various sectors and stakeholders across the country. Finance Minister Nirmala Sitharaman is expected to present the...

Budgets - Finance Minister Nirmala Sitharaman - Nirmala Sitharaman - Budget 2025 - Budget 2025 date - taxscan

What is Angel Tax and Why Was it Introduced?

What is Angel Tax and Why Was it Introduced? Angel Tax, introduced in 2012 under Section 56(2)(viib) of the Income Tax Act 1961, was a tax levied on the amount raised by startups from angel...

Govt. notifies Draft Indian Insurance Companies (Foreign Investment) (Amendment) Rules, 2021

The Ministry of Finance notified the Draft Indian Insurance Companies (Foreign Investment) (Amendment) Rules, 2021. “Draft rules to amend the Indian Insurance Companies (Foreign Investment)...

Govt - Draft Indian Insurance Companies (Foreign Investment) (Amendment) Rules - 2021 - taxscan

Foreign Investments in CA Firms/ Start-Ups: ICAI -Invest India to jointly conduct Events, Signs MoU

The Institute of Chartered Accountants of India ( ICAI ) has signed an Memorandum of Understanding (MoU) with the Invest India on February 4, 2019 coinciding with Platinum Jubilee Annual Function of...