It’s the season of tax filing and yes, the due date for filing of your ITR for the fiscal year 2018-19 is fixed at July... Read More
Diksha Garg
Interim Budget 2019 comes up with so many tax proposals. One such proposal is that no tax to be paid on income up to 5... Read More
14 Feb 2019 – CBDT has issued a directive in which it has stated that the Pr.CIT shall ensure that the Assessment Orders(AOs) which also... Read More
Sec 147: Reopening of assessment: Delay in filing objections by the assessee to the reasons given by AO and leaves him with little time to... Read More
Taxpayers get often confused when the question arises if he or she can claim the benefits of House Rent Allowance (HRA) and home loan at... Read More
Are you the one who keeps on thinking about how to evade tax? If yes, then stop doing so. The government collects tax for the... Read More
Irrespective of whether we like it or not, the law demands payment of taxes on time. The two terms- tax avoidance and tax evasion are... Read More
NRI’s would remit funds for various reasons such as maintaining their family, or repaying the loans, etc. As time passed by, real estate has become... Read More
Liability to pay tax in India depends on the residential status of the taxpayer. The residential status of the taxpayer determined by the physical presence... Read More
Tax Liability of an NRE account
3 min read
NRE stands for NON-RESIDENT EXTERNAL. NRE is an Indian Rupee denominated account which gives complete security to the Non-Resident Indian. The funds in the Indian... Read More