\ Under the Indian tax laws, the taxability of one's foreign income depends on their residential status. One's earnings outside India will get taxed only if they qualify to be resident and ordinary resident of India. Only few days left to file tax returns and all are in a hurry to file it before due … Continue reading Guide to NRIs Filing Tax Returns.
Income Tax department has activated the Aadhaar and net banking-based e-filling verification system for tax payers to file the first appeal before a tax officer, on similar lines of online ITR filing. In order to reduce the interface between taxman and the tax payer, the department has recently operationalized the maiden facility on its official … Continue reading Aadhaar, net banking-based I-T e-filing appeal system activated.