India Taxes

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,…

TDS is detailed in Section 195 of the Indian Income Tax Act. TDS on Interest to Non-Resident: Ordinary Account (NRO) is 30%. No TDS is applicable on Interest earned on Non-Resident External (NRE)…