Filing returns as a Non-Resident Indian (NRI) can seem like a daunting task. However, with a little understanding, you can manage this process smoothly. This thorough guide will offer you the crucial information to understand your tax obligations and file your returns with ease. First, let's define what constitutes an NRI for tax purposes in India
Navigating the Tax Landscape: Old Regime vs. New Regime
The Indian tax system underwent a significant transformation in recent years with the introduction of the new income tax regime. This creates taxpayers with a decision between two distinct systems, each with its own set of rules. Understanding the key distinctions between the old and new regimes is essential for individuals to optimize their tax pa