An NRI must also file tax return in India if the gross total income received in India exceeds Rs 2.5 lakhs for any given financial year. […]
Benefits of Filing a Tax Return for NRIs
Beware PFIC Rules
A PFIC is a passive foreign investment company. The PFIC rules came into existence in 1986 but started attracting attention only lately. […]
Fees for Technical Services Paid to US companies
The US service provider can resource the income as foreign source income and then claim the foreign tax credit on the technical services. […]
