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New income tax rules from April 1
Published On:04-04-2020


Here are the new income tax rules which were announced by Finance Minister Nirmala Sitharaman in Budget 2020

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Lenders ask for March EMIs - RBI
Published On:02-04-2020


Despite moratorium, lenders flounting RBI directive for an repayment of loans for the month of March.

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Latest News

Board Of Director

Non-resident expats’ salary paid in India won’t face tax

The Authority of Advance Rulings (AAR) has held that the salary income of a nonresident individual for services rendered overseas cannot be taxed in India, even when such salary is paid into a bank account in India. It is not the country of origin, but the number of days’ stay in India, which determine whether a person will be a resident or non-resident for tax purposes. Unlike a tribunal or court order, a ruling by AAR, a quasi-judicial body, does not set a precedent. But it does have persuasive value and is well-considered. Thus, the ruling may benefit expat workers, in particular the over one lakh Indian workers who work in the US, largely on H1B visas.

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