NRI Taxation & Compliance Archives - Page 4 of 5

Tax implications and TDS on the sale of property by NRIs in India

TDS on sale of property by NRI in India

Post author:TAXVIC
Post published:July 1, 2023
Post category:NRI Taxation & Compliance
Reading time:8 mins read

Non-resident Indian (NRI) property sales in India have tax ramifications. The Tax Deducted at Source (TDS) on the sale of property is one such crucial issue. In this blog article,…

Learn about the new TCS regulations on foreign remittances under the LRS scheme introduced in Budget 2023. Understand the revised rates, exemptions, and their impact on international credit card transactions.

TCS Regulations under the Liberalized Remittance Scheme (LRS) 2023

Post author:TAXVIC
Post published:May 29, 2023
Post category:Freelancers & Self-Employed NRI Taxation & Compliance
Reading time:5 mins read

In Budget 2020, it was announced that if you remit money under the Liberalized Remittance Scheme (LRS) and it reaches a certain threshold, the TCS will apply. As a result,…

Lower Tax Deduction Certificate for Non-Resident Indians (NRIs): A document issued by the tax authority to NRIs to reduce the amount of tax deducted at source. This certificate helps NRIs avail tax benefits and exemptions.

Lower Tax Deduction Certificate for NRIs: A Comprehensive Guide

Post author:TAXVIC
Post published:May 24, 2023
Post category:NRI Taxation & Compliance
Reading time:5 mins read

Understanding the idea of a Lower Tax Deduction Certificate is crucial for non-resident Indians (NRIs) selling property in India. With the help of this certificate, NRIs are able to apply…

All ABOUT FORM 15CA CB CERTIFICATION

Post author:TAXVIC
Post published:December 18, 2022
Post category:NRI Taxation & Compliance
Reading time:5 mins read

15 CA CB certificate are needed to be submitted with banking authorities while doing certain foreign remittances / sending money outside India. It could be on various occasions such as…