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Any dividend income from shares is taxable


Any dividend income from shares is taxable
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Effective FY21 and onwards, any dividend income from shares of an Indian company is taxable in India. In case of a shareholder qualifying as ‘non-resident’ in India under the income tax law, dividend income is taxable at 20% plus applicable surcharge and 4% health and education cess on a gross basis. Thus, the applicable tax rate on dividend income for a ‘non-resident’ ranges between 20.8% and 28.5% depending on the level of total income and surcharge.
In case of a shareholder qualifying as a ‘resident’ in India, dividend income is taxable at applicable slab rates. ....

Income Tax , Taxable Income , Dividend Income , Income Tax Law , Double Taxation Avoidance Agreement , Nri Account , Income Tax Return , வருமானம் வரி , ஈவுத்தொகை வருமானம் , வருமானம் வரி சட்டம் , வருமானம் வரி திரும்ப ,

This small finance bank allows NRIs to open accounts; becoming the first SFB to do so


: Thursday, May 20, 2021, 7:47 PM IST
This small finance bank allows NRIs to open accounts; becoming the first SFB to do so
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Equitas Small Finance Bank (SFB) has now become the first small finance bank to offer its NRI customer segment the ease of account opening online. The SFB will be the first in the sector to have virtual relationship managers based on time zones.
Speaking on the occasion, Murali Vaidyanathan, President and Country Head, Branch Banking Liabilities Product & Wealth Equitas Small Finance Bank said, “Digitisation of banking at ESFB has helped to offer the services at the convenience, safety and wellbeing of our customers and employees being our paramount concern. The seamless online process for NRI account opening launched will enable hassle free account opening and help our NRI customers to enjoy the complete banking services with ease and comfort of their country / place of their residence ably supported by a team of VRMs based on th ....

Murali Vaidyanathan , Equitas Bank , Equitas Small Finance Bank , Portfolio Management Services , Country Head , Branch Banking Liabilities Product , Wealth Equitas Small Finance Bank , Small Finance Bank , Nri Customer , முரளி வைத்தியநாதன் , ஈக்வைடெஸ் வங்கி , ஈக்வைடெஸ் சிறிய நிதி வங்கி , போர்ட்‌ஃபோலீயோ மேலாண்மை சேவைகள் , நாடு தலை , சிறிய நிதி வங்கி ,

NRIs can acquire farmland via inheritance

As you qualify as a resident and ordinarily resident (ROR) in India for the financial year 2020-21, you will be taxed on the worldwide income in India, and you are required to report all foreign assets in the India income tax return ....

Nris Taxation , Central Board Of Direct Taxes , Ordinarily Resident , Us Citizen , Overseas Citizen Of India , Agricultural Land , மைய பலகை ஆஃப் நேரடி வரி , எங்களுக்கு குடிமகன் , ஓவர்‌ஸீஸ் குடிமகன் ஆஃப் இந்தியா ,

NRIs' property buying props up south Indian markets - The Hindu BusinessLine


NRIs’ property buying props up south Indian markets
May 14, 2021
Largest investment comes from the Gulf, followed by the US, and Singapore
During these uncertain times, non-resident Indians (NRIs) have realised the essence of having a house in their home country to settle in the future this has led to major home-buying in the southern markets in Karnataka, Tamil Nadu, and Kerala.
“These NRI investments are a common aspect of the Indian economy. NRIs usually buy property in the country for both lucrative and sentimental options. Also, with the primary motive to either invest or use it for rental purposes,” said Reeza Sebastian, President – Residential, Embassy Group. ....

United Kingdom , Tamil Nadu , South Africa , Reeza Sebastian , Embassy Group , India International , Non Resident Indians , Remote Working , Second Home Market , Expat Community , ஒன்றுபட்டது கிஂக்டம் , தமிழ் நாடு , தூதரகம் குழு , இந்தியா சர்வதேச , அல்லாத குடியிருப்பாளர் இந்தியர்கள் , தொலைநிலை வேலை , இரண்டாவது வீடு சந்தை , எக்ஷுபத் சமூக ,