New tax laws that impact NRIs have been adopted by the Indian government. An NRI may be considered a "Resident" for tax reasons if they make more than Rs. 15 lakh in India and do not pay taxes outside. The purpose of this modification is to guarantee equitable contributions and stop tax evasion. The blog examines its ramifications, tax obligations, and methods for preventing needless taxes.

The advantages, varieties, and ramifications of double taxation avoidance agreements (DTAAs) for global investment and commerce are all covered in this thorough study. Find out how DTAAs may encourage economic cooperation, reduce double taxation, and increase foreign investment.

This blog provides a comprehensive guide to NRI taxation in India, covering the essential aspects of determining residential status, taxable income, tax slabs, deductions, and capital gains. It offers expert insights to help NRIs understand and navigate the complexities of the Indian taxation system effectively.