Finally, the Central Board of Direct Taxes (CBDT) issues Notification no. 93/2015 dated December 16,...
Tags 15CA, 15CB, Bank, CA Certificate, CA certificate in Form 15CB, CBDT, Compliance, DTAA, FEMA, foreign exchange, Income Tax, India, LRS, NRE, NRI, NRI Investment, NRO, NRO to NRE Transfer, PIO, RBI, remittance, Repatriation, Tax, TDS
From June 1, 2015, any person making a payment to a non-resident, including an NRI...
Tags 15CA, 15CB, Bank, CA, CA Certificate, CA Certificate Form 15CB, CBDT, Central Board of Direct Taxes, Certificate, Chartered Accountant, DTAA, DTAA Article, Exempt, FEMA, financial institution, Foreign Currency, Foreign Payment, Form 15CA, Form 15CB, Income Tax, Income Tax Act, Investment, Notification, NRE, NRI, NRI Investment, NRO, NRO to NRE Transfer, Outward Remittance, PAN, Payment to NRI, Procedures, RBI, remittance, Remittee, Remitter, Revised Form 15CA, Revised Form 15CB, Specified List, Tax Free, Taxable, TDS
In a Historical turn of events, India has reached FATCA agreement in substance with the...
Tags Broker, CBDT, Demat, Department of Treasury, DTAA, FATCA, FATCA Agreement, FBAR, FCNR, FD, FEMA, FFA, FFI, Finance Ministry, Financial Account, financial institution, Foreign Account Tax Compliance Act, Foreign Financial Account, Foreign Financial Assets, Foreign Financial Institution, forex, Form 8938, GAO Report, HSBC, IGA, Income Tax, India, Indian American, INR, Insurance, Intergovernmental Agreement, Investment, IRS, Mutual Fund, NRE, NRI, NRI from USA, NRI Investment, NRO, OCI, OVDI, OVDP, Overseas Voluntary Disclosure Initiative, Overseas Voluntary Disclosure Program, Penalty, PIO, RBI, SEBI, Tax, TDS, UBS, US Compliance, US Reporting, USA
Recent RBI steps in September to stop rupee depreciation have created a new buzz in...
Tags Axis, Bank, Bank account, capital control, credit risk, DBS, Debt, Deposit, Deutsche, DTAA, FATCA, FBAR, FCNR, FD, FEMA, Financial Account, financial institution, Fixed Deposit, Foreign Currency, Foreign Currency Non Resident, foreign exchange, forex, HDFC, ICICI, Income Tax, India, IndusInd, INR, interest arbitrage, Investment, Kotak, Leverage FCNR, Leveraged FCNR, Leveraged FCNR Deposit, NRI, NRI Investment, RBI, Sovereign, swap, swap rate, Tax, USD INR swap, Yes
CBDT vide notification 67/2003 revised the rules and procedures AGAIN for payment to NRI. And...
Tags 15CA, 15CB, Bank, BSR Code, CA, CA Certificate, CA Certificate Form 15CB, CBDT, Central Board of Direct Taxes, Certificate, Chartered Accountant, DTAA, DTAA Article, Exempt, FEMA, financial institution, Foreign Currency, foreign exchange, Foreign Payment, forex, Form 15CA, Form 15CB, Income, Income Tax, Income Tax Act, India, Indian Currency, INR, Investment, money exchange, money transfer, Notification, NRE, NRI, NRI Investment, NRO, NRO to NRE Transfer, Outward Remittance, PAN, Payment to NRI, Procedures, RBI, remittance, Remittee, Remitter, Revised Form 15CA, Revised Form 15CB, Specified List, Tax Free, Taxable, TDS
On August 5, 2013, CBDT (Central Board of Direct Taxes) changed the rules, procedures and...
Tags 15CA, 15CB, Bank, BSR Code, CA, CA Certificate, CA Certificate Form 15CB, CBDT, Central Board of Direct Taxes, Certificate, Chartered Accountant, DTAA, DTAA Article, Exempt, FEMA, financial institution, Foreign Currency, foreign exchange, Foreign Payment, forex, Form 15CA, Form 15CB, Gift, Income, Income Tax, Income Tax Act, India, Indian Currency, INR, Investment, money exchange, money transfer, Notification, NRE, NRI, NRI Investment, NRO, NRO to NRE Transfer, Outward Remittance, PAN, Payment to NRI, Procedures, RBI, remittance, Remittee, Remitter, Revised Form 15CA, Revised Form 15CB, Revised procedures, Specified List, Tax Free, Taxable, TDS, Verification
I have been receiving lot of inquiries whether to transfer, when to transfer, whether to...
Tags Bank, CA, Certificate, DTAA, FD, FEMA, Finance Act, Gain, Income Tax, Income Tax Return, India, Interest, Investment, ITR, NRE, NRI, NRO, NRO to NRE, OCI, Penalty, PIO, Premature Withdrawal, RBI, return, Tax, Tax drag, Tax rate, TDS, TRC, Update, Withdrawal penalty
Currently, there are lots of negatives news, events and circumstances related to Indian Market such...
RBI and Indian Government Agencies have made a lot of changes affecting NRIs and NRI...
As per RBI’s notification RBI/2011-12/536 dated May 7, 2012, NRIs are eligible to transfer funds from NRO account...