Finance Bill
New rules for investment and taxes for NRIs
February 14, 2020
In a move to curb the exploitation of the residency rules to avoid paying taxes, the government has redefined the qualifications which categorises a person as a non-resident Indian (NRI) and target those who enjoy the stateless status through short stays in different countries. A...
Read MoreFurther restrictions on cash transactions in India
March 24, 2017
The Government of India has made it mandatory for every tax payer to quote Unique Identification Number, and has banned cash transaction above INR 200,000 in order to curb black money and reduce cash transactions.
Read MoreUnion Budget 2017: Measures to strengthen digital economy
February 2, 2017
In a bid to give a push to the digital economy of India and weed-out corruption and black money, Finance Minister Arun Jaitley made a number of announcements in his Budget 2017 presentation.
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