5-Year Tax-Saving Bank Deposits Return as Section 80C Options. But Are They Right for Nris?
NRIs must weigh tax regime choices and liquidity needs before investing in 5-year tax-saving FDs, as benefits only…
Articles by & updated by Sai Sankar
Nris Face Higher Capital Gains Tax Without Indexation When Selling Indian Property
India’s new capital gains rules can raise NRI property tax bills despite a lower 12.5% rate. Without indexation,…
How to Split Social Security and Medicare Tax When Switching F-1 OPT to H-1B in One Year
Learn how to manage F-1 to H-1B tax transitions, separate exempt FICA wages, and file for Social Security…
H-1B Lottery Weights Wages Higher in Fiscal Year 2027, Benefiting High Earners
H-1B registrations for FY 2027 dropped 38.5% as new wage-weighted rules and beneficiary-centric selection favor high-paid, advanced degree…
F-1 Students on OPT Face FICA Withholding. If Payroll Refuses Refund, File Form 843
Learn how F-1 students on OPT can claim refunds for Social Security and Medicare taxes withheld in error…
CBDT Flags ₹2,038 Crore Agricultural Income Exemptions in 310 Cases, Warns Nris
CBDT flags ₹2,038 crore in suspicious agricultural tax exemptions. Data analytics and satellite maps are now used to…
What Evidence Should Taxpayers Keep When Requesting IRS Penalty Relief for Reasonable Cause
Learn how to secure IRS penalty relief in 2026 by proving reasonable cause with medical records, disaster proof,…
Jeff Bezos Says Bottom 50% Should Pay Zero Income Tax. Now He’ll Push Trump
Jeff Bezos proposes eliminating federal income tax for the bottom 50% of U.S. earners, arguing 'zero' tax would…
Alaska Lawmakers Vote to Update Corporate Income Tax for Highly Digitized Businesses
Alaska advances a 2026 tax bill targeting online firms like Netflix and eBay, shifting to market-based sourcing to…