Updated table of LTCG and STCG capital gains tax rate for equities including income from foreign currency bonds released by ...

NRIs must pick the right form to give information about their earnings and fill it up carefully, according to experts ...

1. Foreign Tax Credit (FTC) is a mechanism to provide relief to the taxpayers to claim credit in India for the taxes paid in overseas country on the doubly taxed overseas sourced income (i.e., taxed ...

Foreign social security contributions may not form part of taxable salary in India if certain legal conditions are met, ...

Foreign assets attract tax under Section 112 at 12.5% for long-term gains without the benefit of indexation. Short-term gains ...

Introduction In an increasingly globalized economy, cross-border transactions have become commonplace. To ensure tax compliance and prevent tax evasion, the ...

The RBI's FY25 income from foreign exchange reserves is projected to be higher due to elevated US treasury yields, potentially boosting the central ba ...

The Reserve Bank of India is expected to pay a record dividend of ₹3 trillion or more to the government on May 23, driven by ...

The CBDT has notified the ITR-2 form for FY2024-25, effective from April 1, 2025, which will be applicable to the majority of taxpayers, especially salaried individuals, pensioners, and those with ...

Name withheld on request Under Indian income tax law, employer contributions ... contribution to Indian provident fund may not be required by a foreign employer if you are covered under the ...

From higher thresholds for asset disclosure to updated capital gains reporting, changes have been brought about to provide ...

The RBI's FY25 income from foreign exchange reserves is projected to be higher due to elevated US treasury yields, potentially boosting the central bank's dividend payout to the government.