Non Resident

Income Tax

What are Form 15CA and 15CB? How to fill and who are applicable.

Any payment made to a non-resident or a foreign company is subject to various rules and regulations. As per provisions of Section 195 of Income-tax Act,1961 any person responsible for paying money to a non-resident...

Priya kejriwal - June 24, 2021

Finance

Finance Act 2020: NRI can stay in India only for 119 days, if his taxable income is more than Rs.15 lakhs.

During the Budget 2020, Finance Minister proposed changes in the criteria for determining residential status for Non Residents Indians for tax purpose. On March 23, 2020, the proposal was accepted in Lok Sabha with...