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What is E-campaign? Does It Have A Connection With Non Residents, NRIs? Income Tax Department has recently (in FY 2020-21) launched an e-Campaign, where they are seeking voluntary compliance from those taxpayers, who are either not filing Income Tax Return or reporting their transactions in their ITR inaccurately. Under e-Campaign, Department is sending Email & SMS to such taxpayers to submit their on Non-filing of ITR, High Value Transactions. E-campaign also report transactions related to Non-residents, NRIs. What are the…

New Income Tax Portal www.incometax.gov.in Launching – Easy ITR Filing In India – Fast Processing Of Refund Etc – Other Features – Benefits, Impact For NRIs, Foreign Citizens, Seafarers What Is The New Income Tax Portal? What Is Name Of New Portal? In its efforts towards making the tax procedures simplified, the Income Tax Department is launching a new e-filing portal. This will be more friendly to taxpayers. The new portal will be launched on June 7, 2021. In preparation…

Agriculture /Plantation/Farmhouse Property Purchase/Sale In India – By NRIs, OCIs, Other Foreign Citizens – Rules and Restrictions Under Foreign Exchange Laws – RBI Services Wrt Representation / Clarifications / Compounding – Delhi NCR, Mumbai, Kolkata, Hyderabad, Bangalore, Chennai, Chandigarh, Major Cities India.   Can Non Residents (NRIs, OCIs, PIOs, Other Foreign Citizens) Buy or Sell Agricultrue Property In India? Lot of Non-residents (NRIs, Foreign Citizens) wish to buy an agriculture land, plantation propery or farm house in India. However, this…

Shares, Mutual Funds Capital Gain Taxation In India What is capital gain taxation in India on sale of mutual funds and shares? Investment In Mutual Funds, Shares With the globalisation, Shares and Mutual Funds have become a popular investment asset across the world. After opening the doors of foreign investment in India, Shares and Mutual Funds have become a popular investment in India as well. As of today, investment in shares and mutual funds are made by all class of…