Many Non-Resident Indians (NRIs) desire to spend their retirement years in India. People sometimes forget that the economy here is significantly different from the one in the nations where they …
NRI
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India NewsPolitics
NRI willing to return to Punjab village after 11 yrs asks, Is ₹1 crore ‘enough’? Internet reacts: ‘Check tax before…’
by AutoTrendlyby AutoTrendlyAn NRI sought suggestions online as he expressed his willingness to return to his home country after 11 years with savings of ₹1 crore. The user in a Reddit post …
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India NewsPolitics
Prestige aims to build lavish golf-themed resorts in 3 cities-Goa is one of them
by AutoTrendlyby AutoTrendlyBengaluru: Leading real estate firm Prestige Group plans to develop lavish golf-themed, resort-style residential projects in Goa, Lonavala and Hyderabad, as it aims to replicate its signature Golfshire property near …
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My minor son moved to the US last year for studies. I had gifted him money in his US bank account, where I’m his custodian on record. This year, some …
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Finance
ITR 2025: Income tax department urges taxpayers to disclose foreign assets, income in their return
by AutoTrendlyby AutoTrendlyIn a recent communication, the income tax (I-T) department has urged taxpayers to share details about assets held overseas and income accrued abroad. By disclosing the assets owned in the …
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India NewsPolitics
NRI woman’s video praising life in India over Europe sparks debate online
by AutoTrendlyby AutoTrendlyA video shared by a woman comparing life in India to that in European countries has sparked mixed reactions on social media. While the clip was intended as a counterpoint …
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Finance
How to track your days in India—and why it matters more than ever for your tax status
by AutoTrendlyby AutoTrendlyA recent Income Tax Appellate Tribunal (ITAT) ruling declared Mahadevan a tax resident of India for financial years 2012-13, 2013-14, and 2018-19, thereby making his global income taxable in India—despite …
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Finance
What happens to the tax exemption on NRE and FCNR interest when I become an RNOR?
by AutoTrendlyby AutoTrendlyQ. I have been an NRI for the past 24 years. I have some NRE and FCNR deposits which will mature after 1-April-2026. If I come back to India in …
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Finance
Does an NRI providing consultancy to Indian firms need to file income tax return?
by AutoTrendlyby AutoTrendlyI am an Indian citizen but a resident of Hong Kong and provide China market entry consultancy to various companies in India. I receive consultancy fees from these Indian companies …
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I have been residing in the UAE for the past 25 years and carry on my business here. On the occasion of my 50th birthday, a couple of my Indian …