Us Inheritance Tax News

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US levies no inheritance tax if its citizen inherits assets in India from Indian resident

If a US citizen inherits property from a person who is not a US citizen, resident or a green card holder and also the property is not located in the US, it will not levy taxes on such inheritance

1 min read28 Aug 2018

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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

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