The FinTech Hub
Source: Live Mint I applied for Portugal Golden Visa with my children’s education in mind. I was been granted one and now live in Portugal where I have my own business. Since I’m an Indian citizen, how will my NPS annuity be taxed in India? Will it change if I apply for Portuguese citizenship in…
Source: Live Mint My wife and I are both NRIs. She owns a residential property in India which she has rented out. She requested the tenant to credit one month’s rent into my NRO account instead of hers since I’m due to visit India shortly and can use those funds for local expenses. The resident…
Source: Live Mint I filed my income tax return (ITR) as a non-resident Indian (NRI) and it has been processed. If I want to revise the ITR before 31 December do I need to file an updated ITR? I forgot to show some interest income that is taxable at 12.5% under a double taxation avoidance…
Source: Live Mint You will need to disclose only the interest accrued during the current year on the certificate and not the interest received on withdrawal as you have already offered the interest on accrual basis in the earlier years. This interest will be taxed as income from other sources and will be disclosed in…
