Category Important Update Analyzed, Investments, NRI / OCI, Wealth Management Budget 2023 Introduces Penalty for Furnishing Incorrect Information in KYC, FATCA/CRS February 1, 2023 From 2014, the Income Tax Act has made it mandatory for any financial institution to... Tags Budget, BUDGET 2023, CRS, FATCA, FEMA, Income Tax, Income Tax Act, Investment, KYC, KYC change, NRI, NRI Investment, Penalty, reportable account Read More Category NRI / OCI, Wealth Management 10 Financial Decisions for NRIs to Make BEFORE Return to India For Better Tax and Investments Planning April 13, 2021 A lot of people are moving back to India because of multiple reasons like retirement,... Tags Back to India, FCNR, FEMA, Income Tax Act, Moving to India, NRE, NRI, NRI Investment, NRO, Taxation, wealth Read More Category Important Update Analyzed, Investments, NRI / OCI, Taxation NRO to NRE transfer Update: 15CB/15CA required for Both “Taxable” and “Non Taxable" Transfers May 14, 2015 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 Read More Category Important Update Analyzed, Investments, NRI / OCI, Taxation 15CA/CB rules revised Again: 15CA/CB May NOT be required for NRO to NRE transfer September 6, 2013 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 Read More Category Important Update Analyzed, Investments, NRI / OCI, Taxation Revised Forms 15CB/15CA and Updated Procedures for Outward Remittance of money (including NRO to NRE transfer) September 5, 2013 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 Read More
