The income tax complication with the financial New Year for the NRI’s residing in the US

The income tax complication with the financial New Year for the NRI’s residing in the US As India is developing rapidly, globalisation has resulted in more opportunities. Stronger economic ties with developed markets like US has made many Indian’s study and work overseas. Such Non-Resident Indian’s living in US, juggle between two different tax jurisdictions. [...]

2019-05-24T17:11:11+00:00April 30, 2019|Blog, Tax Planning|0 Comments

How to claim your TDS refund for the NRI’s residing in the US

How to claim your TDS refund for the NRI’s residing in the US For an NRI residing in the US, income tax is applicable for the income that is earned in India. Be it salary earned in India or for services rendered to India or on earnings from investments and assets, NRI is liable to [...]

2019-05-24T17:07:09+00:00April 22, 2019|Blog, Tax Planning, Tax Refund|0 Comments

The income tax implications of selling your property in India for the NRI’s residing in the US

The income tax implications of selling your property in India for the NRI’s residing in the US Indian real estate market is the third largest in the world. Attractive real-estate opportunities, RBI’s general permission and falling rupee value against dollars in recent times have created more interest among Non-resident Indians to invest in immovable properties [...]

2019-05-24T16:14:59+00:00April 16, 2019|Blog, Tax Planning|0 Comments

The top 3 things to keep in mind if you are returning to India in this financial year 2019-20

The top #3 things to keep in mind if you are returning to India in this financial year 2019-20 For a non-resident Indian, who lived in another country for many years, decision of returning to India permanently is never an easy one. There are lot of considerations to be made for this transition, specifically on [...]

2019-05-24T12:19:00+00:00April 9, 2019|Blog|0 Comments

Things to take care of, when you visit India for your annual vacation this summer

  Things to take care of, when you visit India for your annual vacation this summer Non-Resident Indians living away from motherland usually plan their trip or vacation to India during winter as they could celebrate some of the popular festivals with family. Many NRIs also plan their vacation in summer as spring is the [...]

Understanding Tax Bracket for Tax Filing in 2019 for NR in the US

Understanding Tax Bracket for Tax Filing in 2019 for NR in the US The tax filing season for 2018 is just around the corner. However, the IRS has just released the updated tax brackets adjusted with inflation for 2019. If you are in the middle of tax filing for 2018, it is better to finish the same [...]

2019-03-26T13:28:46+00:00March 30, 2019|Tax Planning, Tax Preparation|0 Comments

Top #10 reasons to file your taxes every year

Top #10 reasons to file your taxes every year It is a common tendency for all of you to wait until April to file your taxes. While it is all fine as long as you file taxes, the earlier you do the better it is. Gone are the days when filing taxes was a difficult [...]

2019-03-26T15:41:52+00:00March 23, 2019|Tax Planning, Tax Preparation|0 Comments

How is the Rental Income from Foreign Country taxes in US

How is the Rental Income from Foreign Country taxes in the US? The possibility is quite high that you might decide to invest in a home or other property type while staying in the USA. The tax implications of such earnings vary from country to country. For instance, a foreign country taxes have a minimum threshold [...]

2019-03-26T16:42:38+00:00March 20, 2019|Tax Planning, Tax Preparation|0 Comments

The top 10 Tax Tips for 2019 for NRI investors

The top 10 Tax Tips for 2019 for NRI investors While it is no secret that resident Indians have to pay taxes for a fiscal year. However,  all NRI  investors must also pay taxes for a fiscal year if applicable. Irrespective of whether they earned the money directly or indirectly, if they are liable, they [...]

2019-03-26T16:03:19+00:00March 20, 2019|Tax Extension, Tax Planning|0 Comments

5 Tax Benefits you should claim if you OWN A VEHICLE

5 Tax Benefits you should claim if you OWN A VEHICLE Tax Benefits of vehicle and driving are imperative for Americans to get to their workplaces. You own a vehicle, then you must be aware of the tax deductions and write-offs you can do at the time of filing for tax returns. When you own [...]

2019-03-26T15:56:02+00:00March 18, 2019|Tax Planning, Tax Preparation|0 Comments