Income tax implications for NRI selling property in India

NRIs while selling their house properties in India must pay tax on the Capital Gains. The tax payable on the gains depends on whether it is a short-term or a…

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Read more about the article How to claim foreign tax credit in India
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How to claim foreign tax credit in India

Foreign Tax Credit (‘FTC’) According to a Ministry of External Affairs report, there are 32 million NRIs and OCIs residing outside India. Many Indian residents migrated abroad to countries like…

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Read more about the article <strong>List of Items on which GST ITC is not available</strong><strong></strong>
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List of Items on which GST ITC is not available

In this article, we have listed as such items, which are not eligible for the input tax credit under GST. But first, we need to understand the term ‘ITC’. ITC…

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