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NRI ITR filing: The income tax return filing for non-residents (NRI) is a painful process. This is because they are required to use ITR- to report for simple incomes such as interest income, dividends etc. However, resident individuals can use Simplified ITR-1 or Sahaj to report similar incomes. Union Budget 2024 in February should address this issue. ....
US & Canada News News: Canada considers capping international students due to housing shortage. Immigration minister expresses concerns about the surge in demand for housing ....
Indians can now receive remittances from Singapore directly into their bank accounts in real-time, thanks to the new UPI-PayNow linkage announced by the National Payments Corporation of India (NPCI). This breakthrough enables users of popular UPI and bank apps, including SBI, Axis Bank, and ICICI Bank, as well as BHIM, PhonePe, and Paytm apps, to access this service. ....
US & Canada News News: Sale of immovable property in India owned by a Non-resident (NR) individual is a more tedious affair as compared to sale/ transfer made by a resident ....