Tag Archives: non-resident

Expert Committee to look into issues faced by Indian nationals married to overseas nationals of Indian origin: Govt.

The Government of India has constituted an Expert Committee to look into the issues and difficulties faced by Indian nationals married to overseas nationals of Indian origin and suggest amendments in existing laws/policies/regulation. This is in light of a large … Continue reading

Posted in Administrative Law, Family Law, General Law, International Law, Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Foreign Tax Credit Rules Notified: Govt.

Central Board of Direct Taxes recently amended the Income tax Rules 1962 to provide for a separate segment on Foreign Tax Credit Rules, 2016. The Rules provide clarity on the mechanism of obtaining foreign tax credit in India, of foreign … Continue reading

Posted in Banking Law, Company Law, Income Tax Law, International Law, Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Equalisation Levy Rules, 2016 notified: Govt.

Indian Government recently notified Equalisation Levy Rules, 2016 on digital transactions in consonance with the initiative of the Organization for Economic Co-operation and Development (OECD). The Rules shall come into force w.e.f. June 1, 2016. The Finance Act, 2016 (Act) has introduced … Continue reading

Posted in Banking Law, Company Law, Consumer Law, Contract Law, FDI, General Law, Income Tax Law, information technology law, International Law, Notifications/Publications/Circulars, Telecommunications Law, WTO/GATT | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

MOIA merged with MEA: Govt.

The Ministry of Overseas Indian Affairs (MOIA) has been merged with the Ministry of External Affairs (MEA). Administrative arrangements of the merger are currently underway. A decision was taken to merge the two Ministries to bring better synergy for realising … Continue reading

Posted in Administrative Law, Company Law, General Law, Immigration, india immigration law, International Law, Notifications/Publications/Circulars, US Immigration Law, WTO/GATT | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Involuntary presence rules out resident status: DHC

The Delhi High Court recently ruled that the assesse is to be considered as non-resident Indian for the purposes of the Income Tax Act for the period for which he was in India ‘involuntarily’ on account of his passport having … Continue reading

Posted in Income Tax Law, International Law, Service Tax | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

NRIs/Foreigners not allowed to carry Indian currency beyond India: RBI

Carrying of INR 10,000 by Non-residents and Residents : RBI Clarifies http://goo.gl/4SDlAi  

Posted in Banking Law, General Law, International Law, Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment