Section 87A Income Tax Rebate Can Zero Out Tax for Small Earners in Any Tax Regime
Section 87A offers tax rebates up to ₹60,000 for residents in 2026, potentially reducing tax liability to zero…
Income Tax Department Defines Non-Resident Individual for Assessment Year 2026–27
Guide to Indian tax residency for AY 2026–27: Learn how day-count rules, the ₹15 lakh income limit, and…
Nris Can Earn Up to 7.10% on USD FCNR(B) Deposits in India. But U.S. Tax Rules Apply
Indian banks raise USD FCNR(B) deposit rates to 7.10% through Sept 2026, offering NRIs high-yield, dollar-denominated returns with…
Green Card Holders in India Face U.S. Tax Filing as Resident Aliens, Even Without U.S. Income
Green card holders in India must file U.S. tax returns on worldwide income until formal status abandonment, even…
Indian Banks Hike NRI Deposit Rates as RBI Eases FCNR(B) Swap Facility Rules
RBI opens temporary swap window for 3-5 year FCNR(B) deposits through Sept 2026, potentially raising NRI returns while…
Trump Administration Targets 17 in Denaturalization Campaign, Including Indian-Origin Businessman
The DOJ filed 17 denaturalization cases in June 2026, targeting fraud and concealed crimes as part of a…
U.S. Taxpayers with Indian NRE/NRO Accounts Risk Penalties If Interest Goes Unreported
U.S. residents must report Indian NRE/NRO interest and file FBAR/FATCA forms to avoid IRS penalties. Indian tax-exempt status…
₹1,25,000 Tax Deduction Under Section 80U and 80DD for Disability Relief
Learn the differences between Section 80U and 80DD for disability tax deductions in India, covering eligibility, fixed amounts,…
Angel Tax Ends, but DCF and NAV Valuations Still Guide Share Pricing for Founders
India's angel tax repeal in 2026 shifts focus to DCF and NAV methods for FEMA and company law…
Indian Student from Hyderabad Fatally Shot During Pizza Delivery in North Philadelphia
A $20,000 reward is offered after Indian student Anshul Kuncha was shot dead in a targeted North Philadelphia…
India Approves $1 Billion Aviation Fuel Stabilisation Fund to Shield Airlines
India approves a $1 billion aviation fuel stabilization fund to shield airlines from price shocks and prevent sharp…
No Income Tax Up to ₹12 Lakh Is a Rebate, Not Exemption. Nris Must Watch
India's ₹12 lakh tax relief is a rebate, not an exemption. Residents qualify, but NRIs and investors with…
Tax Law Eyes Beneficial Owner as Only One Claims Capital Gains Exemption on Joint Property
Indian tax rules require proof of real ownership and reinvestment for spouses to claim separate capital gains exemptions…
Income-Tax Act, 2025 Redefines Charitable Trusts as Registered Non-Profit Organisations
India's 2026 tax framework consolidates non-profit rules into the RNPO category, requiring new registrations under Section 332 and…