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…
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…
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…
Nris, H-1B Workers, Green Card Holders Face Year-Round U.S. Tax Rules. Stay Organized
A 2026 month-by-month tax checklist for NRIs and H-1B workers to manage global income, residency status, and documentation…
10% TDS Can Hit Rent for Company-Leased Residential Flats, Not Just 2%
Companies renting residential flats in India must deduct 10% TDS under Section 194-I, as the lower 2% rate…
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…
Students, Visa Holders, and ITIN Filers: Check Details Carefully If IRS Sends Verification Letter
Learn how to handle IRS identity verification letters and avoid scams while ensuring your 2026 tax refund is…
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…