Nris Receive Gifted Indian Shares. Now Capital Gains Tax Looks Back at Original Cost
Learn the tax rules for gifting shares in India in 2026, covering relative exemptions, capital gains on sale,…
US Nris Buying Land in India Must Choose NRE or NRO Funds for FEMA Compliance
Choosing NRE vs NRO accounts for India property impacts FEMA compliance and repatriation in 2026, though capital gains…
Income Tax Department Sends Capital Gains Tax Notices to Nris After Property Sales
Learn why NRIs receive Capital Gains Tax Notices and how to respond effectively using the latest 2026 tax…
Income Tax Appellate Tribunal, Bangalore Bench Rules Sale Deed Registered Later Doesn’t Shift Capital Gains Tax Year
Bangalore ITAT rules property capital gains apply to the year of actual transfer, not the later registration date,…
Buy Property in India Above ₹50 Lakh? NRI and OCI Buyers Face 1% TDS Deduction
Essential guide for 2026 property buyers in India on TDS rules for ₹50L+ deals, including special compliance for…
U.S. Tax Residents with Indian Property Sales Must Review Form 8949, Schedule D, FBAR
U.S. residents selling property in India must report gains on Form 1040 using U.S. tax rules, currency conversion,…
Section 58 of Income-Tax Act, 2025 Rewrites Presumptive Taxation Rules in Tabular Form
India's Income-tax Act 2025 consolidates presumptive tax rules into Section 58, simplifying reporting for small businesses and professionals…
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,…