Double Taxation Treaties
How to make foreign stints less taxing
Before you go on overseas deputation, you must be aware of certain regulatory requirements. A little effort to fully understand the issues involved can prevent a lot of eleventh-hour hassles. More

Tax free income, wealth tax and capital gains
Capital gains of non-residents from Indian assets
The Income-Tax Act extends to the whole of India, that is, the territory of India mentioned in the Constitution and the territorial waters, continental shelf, etc (Section 2(25A) of the Income-Tax Act, 1961). If two persons who are residing ... More

Income Tax rules
India, Hong Kong plan double tax avoidance pact
New Delhi, Dec 14 India and Hong Kong have agreed to work towards a double taxation avoidance agreement (DTAA). Plans are also afoot to start negotiations next week on the Air Services agreement so as to increase the number of direct flights ... More

Double Taxation Treaties
ICICI Bank to offer tax concessions on NRO deposits
Mumbai, Dec. 10 Non-resident Indians and Persons of Indian Origin can claim tax concession on their Non-Resident Ordinary (NRO) deposits under the Double Taxation Avoidance Agreement (DTAA). So far, banks were offering the concession ... More

Amendments to India-UAE tax treaty coming into force next year
Includes determination of resident status More