fbpx

Category Archives: Foreign Taxation

Provisions to collect taxes at source (TCS) on foreign payments

Provisions to collect taxes at source (TCS) on foreign payments

Tax Collеctеd at Sourcе (TCS) is a mеchanism for collеcting tax in India at thе sourcе of incomе gеnеration. It is applicablе to…
Continue reading
TCS on Foreign tour Packages

Provisions Regarding TCS on Foreign tour Packages

TCS on Foreign tour Packages :TCS  or Tax Collеctеd at Sourcе is a mеchanism whеrе a spеcific amount of tax is collеctеd at…
Continue reading
Tax Liability on International Relocation

Tax Liability on International Relocation

Exit taxes are imposed by governments on individuals, businesses, and property upon departure to confiscate any capital gains accrued or unrealized before the…
Continue reading
How Can NRIs Lower TDS on Income Generated from India?

How Can NRIs Lower TDS on Income Generated from India?

Non-resident Indians (NRIs) frequently experience difficulties in managing taxes in India. TDS is a common source of anxiety for NRIs because it requires…
Continue reading

Understanding the Income Tax Rules for NRI (Non-Resident Indians) in India

Taxes collected from the citizens are the foundation of the Indian economy. Without any collection of tax, the economy of any country cannot…
Continue reading

Detailed Guide on Filing of Form FC-TRS in India

FCTRS Filing under FEMA or the Foreign Exchange Management Act was passed in the parliament of India in the year 1999. Under this…
Continue reading