Nris Can Carry Forward Stock Losses Under Income-Tax Act, 2025. But Check Conditions
India's 2025 Income-tax Act preserves existing capital losses for NRIs and investors starting April 2026, maintaining original 8-year…
U.S. Residents Receiving Over $100,000 from Parents in India Must Review Form 3520
U.S. residents receiving over $100,000 in gifts from parents in India must file IRS Form 3520 to report…
Green Card Holders Abroad Face U.S. Tax Filing After April 15, Even with Foreign Tax Credits
Green card holders abroad must file U.S. taxes on worldwide income by June 15. Learn about FBAR, Form…
Investigation Flags Laxity and Data Errors as Slot Selling Hits VFS Global India Schengen Visa
Investigation reveals data security lapses and appointment 'slot selling' at VFS Global India, sparking calls for stricter EU…
India Tightens Foreign Tax Information Sharing from July 1, 2026, Targeting Cross-Border Assets
India will tighten its foreign tax information framework from July 1, 2026, enhancing data sharing and scrutiny of…
India Hits EB-2 Visa Bulletin Final Action Date Limit as US Green Cards Run Out
EB-2 India visa quota for FY 2026 is exhausted. No new issuances until October 1, 2026. Final action…
Sri Lanka Launches Free Tourist Etas for 40 Countries Starting 25 May 2026
Sri Lanka launches free 30-day tourist ETAs for 40 countries including India, UK, and USA, effective May 25,…
Hakimpur Checkpoint Detects 50 Illegal Bangladeshi Migrants as Deportation Policy Hits
West Bengal begins 'detect, delete, deport' policy against illegal migrants, causing crowds to form at border checkpoints like…
GIFT City IFSC or Direct Global Investing Under Liberalised Remittance Scheme? What 4 Groups Must Check
A comparison of GIFT City vs. Direct Global Investing for Indian residents and NRIs, focusing on tax efficiency,…
2026 E-Way Bill Rules Tighten with Mandatory Ship-To GSTIN and Bill Closure
India mandates Ship-To GSTIN for Bill-To/Ship-To e-way bills and adds a voluntary delivery closure feature starting June 15,…
Modi Government Forms High-Level Committee to Study Illegal Immigration and Demography Change
India forms a High-Level Committee to study illegal immigration-driven demographic changes and establish a permanent deportation mechanism by…
Indians Tighten Overseas Travel Spending Under Liberalised Remittance Scheme as Visa Rules Bite
India's overseas travel spending moderated to $29.98B in FY26. Budget 2026 cuts TCS to 2% for education/medical trips,…
Assessing Officer Flags Bogus Purchases, but Accepted Sales Can Limit Tax Additions
India's tax authorities target bogus purchases from untraceable suppliers; accepted sales records can limit tax additions to profit…
Cathedral Rock Vandalism Claims Unverified by Authorities
Vandalism allegations at Arizona’s Cathedral Rock remain unverified. No official charges or damage reports have been confirmed by…