If held for more than 24 months, LTCG is taxed at 12.5 per cent without indexation. If held for less than 24 months, gains ...

The New Income Tax Bill, 2025, has introduced a key provision that could significantly reduce the tax burden for non-resident Indians (excluding Foreign Institutional Investors) on long-term capital ...

An Indian-origin individual living outside India is termed a Non-Resident Indian (NRI). The Income Tax Act, 1961, outlines different tax rules for residents and NRIs. Residency status is determined ...

Residential status under the Income Tax Act is determined every financial year based on the number of days an individual stays in India. An individual is considered Resident if any one of the ...

Since FY 2021, the government of India changed the number of days for an individual to be categorized as a “non-resident”. For taxation purposes the requirement to spend less than 182 days in a fiscal ...

Foreign Currency Non-Resident (FCNR) deposits is tax-free in the hands of a person as long as they are not a resident under ...

In rare cases where an NRI has income from a proprietary business or profession in India, Form ITR-3 may be applicable. (Express Photo) Non-resident Indians (NRIs) with India-sourced income must file ...

'I’m an NRI, I barely visit India... How did I get Income Tax notice now'? This question, posed by a startled Non-Resident Indian (NRI), has become increasingly common. Chartered Accountant Nitin ...

The 2025 Income Tax Bill allows non-residents to adjust unlisted share capital gains for forex fluctuations, reducing LTCG tax, boosting investor confidence, and promoting foreign investments in India ...