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Nris Under I-t Scanner

Returning to India? Tribunal ruling may hit property, gifts, fund transfer

A ruling by the Appellate Tribunal could change how returning NRIs are classified under India's exchange control laws - impacting property purchases, gifting, and even how much money you transfer

Returning to India? Tribunal ruling may hit property, gifts, fund transfer
Updated On : 08 Aug 2025 | 8:19 AM IST

Gifting dollars to NRI kids? RBI's 180-day rule could trip wealthy Indians

If an NRI wishes to gift offshore funds, the funds must first be brought back to India and then remitted abroad. Non-compliance with this requirement can lead to penalties and legal complications.

Gifting dollars to NRI kids? RBI's 180-day rule could trip wealthy Indians
Updated On : 29 Apr 2025 | 1:04 PM IST

Salaried but have sizeable other incomes? You have to pay advance tax

NRIs with income in India above Rs 10,000, post-TDS and tax treaty adjustments, must pay too

Salaried but have sizeable other incomes? You have to pay advance tax
Updated On : 05 Mar 2024 | 10:15 PM IST

Black money: NRIs under I-T lens after taxmen seize Rs 500 cr in old notes

I-T dept suspects seized old notes are being hoarded by money operators and exchanged by NRIs

Black money: NRIs under I-T lens after taxmen seize Rs 500 cr in old notes
Updated On : 26 May 2017 | 10:52 AM IST