NRIs News
Golden tax window for NRIs: What RNOR means and how to use it
Planning a move back to India? The resident but not ordinarily resident (RNOR) status can shield your global income from Indian tax—if you manage it right.
6 min read02:07 PM ISTDo NRIs have to pay tax on mutual fund gains in India?
A recent ruling offers tax relief to NRIs on capital gains from mutual fund sales under certain tax treaties, but conditions must be met and documentation is key.
4 min read19 May 2025New US remittance tax proposal: What it means for NRIs sending money to India
US President Donald Trump’s proposed One Big Beautiful Bill Act includes a provision for a 5% tax on remittances sent abroad, which would affect NRIs who are not US citizens, significantly increasing costs for them when they send money back home to India.
4 min read18 May 2025Storm in a teacup: Should Indian workers in the UK be exempt from payroll tax?
The India-UK free trade agreement spurred celebration in India, not least because it created more favourable conditions for Indian workers in the UK. Criticism in Britain of their national insurance exemption is misplaced.
4 min read16 May 2025Will cross-border crypto gifts trigger Indian taxes?
Crypto gifted to non-residents like NRIs sits in a legal grey zone, as Indian tax law lacks clarity on cross-border digital asset transactions.
2 min read12 May 2025High-value, white-collar inflows have led a shift in India’s inward remittances
A greater share of transfers from abroad had been coming from the US, as RBI data shows, and the overall figure has been rising. India’s better industrialized states are the top recipients.
4 min read4 May 2025Here's how NRIs can save up to 18% GST on insurance premiums
NRI buying an insurance policy can specify that they are doing so from abroad by submitting a declaration form, provided by the insurance company. If a policyholder has already paid premiums, including GST, he can apply for a refund.
4 min read1 May 2025Will my foreign salary be taxable in India?
If you reside in India for work for more than 182 days in a fiscal year, you become a resident. But if you have been a non-resident in India in nine out of the 10 preceding fiscal years or have been in India for 729 days or less during seven preceding fiscal years, you qualify for RNOR status.
2 min read28 Apr 2025A quick guide for NRIs wanting to invest in Indian Mutual Funds
Mutual Funds provide NRIs with a structured way to invest in India's financial markets, enabling capital growth and diversification. The Indian mutual fund industry's AUM has more than doubled in five years. NRIs need to complete KYC and choose the right bank account for investment.
3 min read17 Apr 2025For some NRIs, capital gains from Indian mutual funds are tax-free
If you're a tax resident of a foreign country that doesn't tax capital gains and has a residual clause under ‘capital gains’ in its double taxation avoidance agreement with India, you're in luck.
6 min read15 Apr 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared