Filing returns as a Non-Resident Indian (NRI) can seem like a daunting task. However, with a little knowledge, you can manage this process successfully. This thorough guide will provide you the essential information to grasp your tax obligations and lodge your returns with ease. First, let's outline what constitutes an NRI for tax purposes in Indi
Navigating the Tax Landscape: Old Regime vs. New Regime
The Indian tax system underwent a significant shift in recent years with the introduction of the new income tax regime. This presents taxpayers with a choice between two distinct systems, each with its own set of regulations. Understanding the key variations between the old and new regimes is important for individuals to leveraging their tax burden