Dear Readers, The determination of an individual’s residential status under Indian tax law often becomes a contentious issue, especially in an era where global mobility and cross-border employment are increasingly common. Section 6 of the Income-tax Act, 1961 lays down a clear, quantitative framework for

Dear Readers, The subject of Goods and Services Tax (GST) is often seen as complex, more so when it intersects with cross-border situations like property rentals from Non-Resident Indians (NRIs). In practice, taxpayers, professionals, and even administrators frequently encounter doubts on how liability should be

Dear Readers, I hope you are doing well! This article provides an overview of the rules and regulations governing the repatriation of funds from India. It explains in detail the procedures and legal compliances under the Foreign Exchange Management Act (FEMA) that apply in relation

Dear Readers, I hope you are doing well! In this article, I have given brief note on the various bank accounts which can be used by Non Resident Indians / returning Indians. Hope you will find this useful.   Warm regards,Samir Mahajan   BACKGROUND: In

Dear Readers, I hope you are doing well. In this article, I have given my views on the recent judgment by the Hon’ble Madras High Court in ACIT vs. Vetrivel Minerals (WA(MD) No. 119/2022, 30.04.2025) which has recently ruled that income tax authorities can rely

As global mobility increases, many Non-Resident Indians (NRIs) are returning home after years of residing abroad. However, this comes with a unique set of tax and regulatory obligations. Early and informed planning can help NRIs minimize tax incidence, stay compliant with Foreign Exchange Management Act