Taxes
Social Security and Medicare Taxes for L1 Visa Holders: Understanding Nonresident Obligations
L1 visa holders are generally subject to Social Security and Medicare taxes. However, if they are considered nonresident aliens for tax purposes, they may be exempt.
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Lasted Taxes
Impact of Removing Indexation Benefits on NRI Real Estate Investments in India
Removing indexation benefits in India's Budget 2024 will increase NRIs' tax burden on real estate investments by imposing a flat…
Indian Budget 2024: Key Changes for NRI Investors
The Indian Budget 2024 introduces a uniform Long-Term Capital Gains (LTCG) tax rate of 12.5%, raises the Short-Term Capital Gains…
Indian-Americans Pay 6% of US Taxes Despite Being 1.5% of Population
Indian-Americans, about 1.5% of the U.S. population, contribute around 6% of the country's income taxes, demonstrating notable economic success. Factors…
Guide to Canada’s Credit System for Newcomers
Learn about Canada's credit system to manage money, make significant purchases, build credit, and avoid scams with this essential guide…
OPT Tax Filing Mistakes: Impact on H-1B Process – What You Need to Know!
Failure to file taxes during OPT could affect H-1B application. Ensure tax compliance to avoid complications in the immigration process.
H-1B Visa: Consequences of Missing Tax Filing Deadline
Failing to file taxes on H-1B visa can lead to consequences. Understand the implications of missed tax filing for H-1B…
Is Day Trading Allowed on an H1B Visa? Everything You Need to Know
Day trading on an H1B visa requires caution to avoid violating visa restrictions. It can be legal if treated as…
How NRIs Can Open Demat Accounts in India for Stock Investments
India's stock market growth presents a lucrative opportunity for NRIs to invest via Demat accounts, regulated under SEBI. NRIs can…