I hold NRO and NRE accounts and invest in mutual funds, is this the most tax-efficient way to manage these investments?

NRIs often send money to their relatives as a ‘gift’, as the amount is fully exempt from income tax for both sender and the recipient. There’s a high probability that Indians living abroad for work ...

A UAE resident received Rs 80 lakh as a gift from his brother-in-law. The tax department issued a Rs 69 lakh tax demand. However, the Income Tax Appellate Tribunal in Kolkata ruled in the taxpayer's ...

Ashish Ranjan Maurya, CEO of KitabKopy.com, took to LinkedIn to share an experience with online phishing scams after receiving an email stating his account had been debited for Rs. 8,39,239 after a ...

Many NRIs returning to India are unsure how long they can maintain their NRE accounts and whether the interest earned remains tax-free after their return. Today's Ask Wallet Wise query decodes what ...