Gifts given to NRI From a taxation perspective in India, any money or property received without consideration or inadequate consideration can be considered a gift and taxed in the hands of…
Corporate Tax Rates: The corporate tax rate for foreign companies is 40%. However, the effective tax rate is lower than this amount on account of deductions and exemptions available. The foreign…
Tax Filing in USA: If you are a U.S. citizen or a resident alien (green card holder) living outside the United States, your worldwide income is subject to U.S. income tax,…