Read more about NRIs, foreigners stuck in India to give info on double taxation by Mar 31 on Business Standard. Govt on Wednesday said NRIs and foreign nationals stuck in India due to COVID and facing double taxation can submit the details to the income tax department by March 31
The government of India has agreed to provide relief from double taxation to Indians living abroad who had to stay in India beyond their tax exemption stay limit on account of disruptions caused by the COVID-19 pandemic.
In a circular, the CBDT said that if any individual is facing double taxation even after taking into account the relief provided by the relevant Double Taxation Avoidance Agreement (DTAA), he/she may furnish the specified information electronically by 31st March, 2021, to the Principal Chief Commissioner of Income-tax (International Taxation).
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The ban on scheduled commercial international flights will remain in place till March 31,
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India now has air bubbles with 27 countries, including Russia Less than 1 Min Read
As part of its ongoing attempt to ease restrictions on international travel amidst the coronavirus pandemic, the Indian government has formed a special air bubble arrangement with Seychelles and Uzbekistan. Flights from both sides will fly under the agreement, but it has yet to be announced which airlines will operate the services.
Air bubbles are temporary arrangements reached between two countries to restore commercial passenger services as the regular international flights remain suspended due to the COVID-19 pandemic.