India’s Income-Tax Act 2025: New RNPO Compliance Rules for Charities and Overseas Donors
India's Income-tax Act 2025 mandates the RNPO framework starting April 2026, requiring 85% income application and strict documentation for tax exemptions.
Top questions about NRI
Answers from VisaVerge guidesWhat should NRIs do to comply with tax residency rules for FY 2025-26?
NRIs must document their entry/exit dates to determine 182-day residency under Section 6 and report and pay tax on Indian-sourced income accordingly.
Read: NRI Tax Residency 2025-26: 120-Day Rule and Deemed ResidencyHow does this affect U.S. immigration and tax filings for NRIs?
U.S. tax residents with India activity like property or frequent cash movements may need to report these assets under IRS rules, including FBAR and Form 8938 filings.
Read: Union Budget 2026-27 Sets 30% Tax Rate on Unexplained Income in Cash Credits and InvestmentsDoes India's Budget 2026 affect how NRIs report their income to the IRS?
No, U.S. residents must still report worldwide income and foreign assets regardless of India-side disclosures.
Read: NRIs in U.S. Must Report Global Income Despite India's Budget 2026 SimplificationHow does India's April to March financial year affect NRIs splitting their income between countries in 2025?
India’s April–March financial year requires careful splitting of income when changing countries midyear, a step many taxpayers often miss. This can lead to compliance issues if not managed properly.
Read: Understanding the India–U.S.–Canada Tax Triangle for NRIs (2025)What are the implications of not updating tax residency for Indian citizens moving to Canada or the U.S. in 2025?
People who keep old statuses can be treated as full residents in two places at the same time, leading to dual taxation until they correct their records.
Read: Indian Tax Residency 2025: 182/60-Day Rules and Update Implications
NRIs Must File Income Tax Return in India by July 31, 2026 Deadline or Submit Revised Return
India sets July 31, 2026, as the first major tax deadline for AY 2026-27. NRIs must file for…
India Visa Services in Australia May Face Disruption from July 1, 2026: VFS Global Update
India visa services in Australia face disruption starting July 1, 2026, due to VFS Global contract uncertainty. eVisa…
Can Nris Use RTI? OCI Cardholders Need Not Apply
Indian citizens abroad retain RTI rights to track passports and records, while OCI cardholders are excluded as the…
Senior Citizen FD Rates Up to 8.50%: What Nris Must Check on Deposit Insurance and Tax Rules
Indian banks revised June 2026 FD rates, offering senior citizens up to 8.50%. Small finance banks lead while…
What Nris Must Know About FCNR(B) Deposits: Tax Perks, Dollar Risk, and Exchange-Rate Movement
FCNR(B) deposits offer NRIs tax-free interest in foreign currency in India, but U.S. tax residents face reporting rules…
2026 Tax Rules: Partnership Firms, Llps and NRI Partners Must Check Filing Norms
Guide for Indian firms on navigating the 2026 tax transition, covering the new Income-tax Act 2025, Section 194T…
Nris Face New Gift Tax Rules Under Income-Tax Act, 2025: Section 92(2)(m) Explained
India's Income-tax Act 2025 replaces Section 56(2)(x) with 92(2)(m), taxing gifts over 50,000 rupees unless from exempt relatives…
July 2026 Visa Bulletin: EB-2 and EB-5 India Unavailable, EB-1 India Retrogresses
July 2026 Visa Bulletin: EB-2 and EB-5 unreserved India are unavailable; EB-1 retrogresses to Oct 2022. No new…
Supreme Court Condemns Expansion of NRI Quota in Punjab Medical Colleges, Citing NEET Qualification Breach
The Supreme Court restricts Punjab's NRI quota expansion, mandating NEET qualification and merit-based selection for 2026 medical admissions.