Taxation Based on Residence Status in IndiaIn India, taxation is determined by the residence status of a person. Here’s how it works:Resident vs. Non-Resident (NR)Resident:A person who stays in India…
Tax Benefits and Exemptions for Non-Resident Indians (NRIs)NRIs are required to pay tax only on income originated or generated in India and can avail themselves of certain tax-saving options similar…
Individual Retirement Accounts (IRA) in the USA and Their Tax Implications for NRIs in IndiaIRA OverviewIndividual Retirement Accounts (IRAs) in the United States are retirement plans provided through financial institutions…