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Adoption Report – INDIA

adoption report

 

NRI – Will registration for Indian Property

NRI  Will registration  for Indian Property Life for NRI’s becomes extra difficult when when it comes to managing  property in India. Lack of clarity of Property, Succession laws, differences in interpretation, local process  of  government agencies.  Managing all this through remote control from overseas is not practical Must an NRI make a Will or leave his… View Article

 

Complex rules for NRI’S :

Complex rules for NRI’S : Banking , Property, Tax matters leave most NRI’s in trouble understanding these rules. Most NRI’s have property and bank accounts in India and would want to eventually take their money to the countries they are now based in. Is this easy ? Repartition of funds from india after the sale… View Article

 

NRI Taxation

NRI Taxation We all know that there is no taxation of overseas income of NRI’s and PIO’s ( Person of Indian Origin ). However it is mandatory to pay tax on certain income received from Bank Deposits, Rental income, Property tax, wealth tax, and income from other sources in India. Filing of Income tax returns… View Article

 

Importance and Guidelines for making a WILL :

How Many of us have ever even thought of making WILL. Do we not want our assets like House, Apartment, jewellery, money in bank accounts, stocks we own etc go to our loved ones without any hassles. In a global world we work and like in different countries, own assets and have loved ones living… View Article

 

India Budget Highlight 2016

A. Changes in Income Tax 1.    If assesse have income less than Rs 5 lakh then he get deduction of Rs 5,000, up from Rs 2,000 last year. HRA deduction up from Rs. 24,000 to Rs. 60,000 p.a. 2.    New manufacturing companies incorporated on or after 01-03-2016 to be given an option to… View Article

 
 

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