U.S. Taxpayers with Indian NRE/NRO Accounts Risk Penalties If Interest Goes Unreported
U.S. residents must report Indian NRE/NRO interest and file FBAR/FATCA forms to avoid IRS penalties. Indian tax-exempt status…
₹1,25,000 Tax Deduction Under Section 80U and 80DD for Disability Relief
Learn the differences between Section 80U and 80DD for disability tax deductions in India, covering eligibility, fixed amounts,…
Angel Tax Ends, but DCF and NAV Valuations Still Guide Share Pricing for Founders
India's angel tax repeal in 2026 shifts focus to DCF and NAV methods for FEMA and company law…
Indian Student from Hyderabad Fatally Shot During Pizza Delivery in North Philadelphia
A $20,000 reward is offered after Indian student Anshul Kuncha was shot dead in a targeted North Philadelphia…
India Approves $1 Billion Aviation Fuel Stabilisation Fund to Shield Airlines
India approves a $1 billion aviation fuel stabilization fund to shield airlines from price shocks and prevent sharp…
No Income Tax Up to ₹12 Lakh Is a Rebate, Not Exemption. Nris Must Watch
India's ₹12 lakh tax relief is a rebate, not an exemption. Residents qualify, but NRIs and investors with…
Tax Law Eyes Beneficial Owner as Only One Claims Capital Gains Exemption on Joint Property
Indian tax rules require proof of real ownership and reinvestment for spouses to claim separate capital gains exemptions…
Income-Tax Act, 2025 Redefines Charitable Trusts as Registered Non-Profit Organisations
India's 2026 tax framework consolidates non-profit rules into the RNPO category, requiring new registrations under Section 332 and…
Income-Tax Act Tightens Loss Carry-Forwards Under Section 79 and New Section 119
India's 2025 Income-tax Act mandates 51% voting power continuity for loss carry-forwards, with key reliefs for startups, family…
House Proposes American White-Collar Worker Jobs Act of 2026, Targets H-1B Green Cards and OPT
New 2026 bill proposes eliminating OPT and overhauling H-1B visas to prioritize high-wage workers, impacting the path to…
UK Home Office Tightens Sponsor Licence Rules, Threatens Universities’ Student Visa Rights
UK tightens 2026 student visa rules, cutting allowed university refusal rates to 5% and threatening recruitment bans for…
Finland Grants Record 14,703 Citizenships in 2025, Tightens Rules for 2026
Finland hit record citizenship grants in 2025 but tightened rules for 2026, requiring longer residency and higher income…
State Dept Official Says H-1B Visa Rules Are Global, Not Targeted at India
U.S. officials state 2026 H-1B visa changes and $100k fees apply globally and do not target India, shifting…
India Exempts Foreign Institutional Investors, BIS from Tax on Government Securities
India exempts FIIs from tax on government securities via a 2026 ordinance to attract foreign capital, stabilize the…