#FEMA

LRS is the primary route for Indian residents to send money abroad — for education, travel, investment, gifts, or property purchase. The rules are straightforward but the TCS implications and FEMA compliance trip people up. Here is your complete guide. WHAT IS LRS? Under the Liberalised Remittance... Show more

Having served the NRI community for 20 years, I can tell you that NRI taxation is the most misunderstood area of Indian tax law. Most NRIs either over-comply (paying tax they do not owe) or under-comply (not knowing they have obligations). Here is a comprehensive overview. RESIDENTIAL STATUS — THE... Show more