Galactic AdvisorsNo Residential Status relief for NRIsCBDT has essentially said that it's unlikely that you will have to pay double tax in India as well as your country of residence...
Galactic AdvisorsPrepare a Will - Leave nothing to chanceWe know you don't want to think of your demise - but bare with us for this article. It's really important to prepare a Will.
Galactic AdvisorsGift Tax in India and USAEverybody loves gifts. You won't love them as much when you understand the tax implications though.
Galactic AdvisorsUnion Budget 2021 - No news is good newsHere’s what we propose - don’t bother reading our budget highlights. Look at the main headings, if it’s relevant to you - go ahead and read
Galactic AdvisorsWhat to do with your 401K/ IRA if you plan to return to India?Useful tax strategies for 401K/ IRA for our US NRI readers who plan to return to India.
Galactic AdvisorsHow to e-verify your ITR using Axis NetbankingAs ITR filing season has ended, ensure you are e-verifying your ITRs. Your ITR will not be processed until it is e-verified. There are a...
Galactic Advisors Jun 18 3 min Double TDS if you don't file your ITR on time The Government is coming down heavily on the people who earn income but fail to file their returns or pay their due share of taxes. The...
Galactic Advisors Jun 7 3 min Overseas Direct Investment - The Compliance Conundrum We have seen unintentional violations of ODI regulations, leading to show cause notices from the ED, DRI, RBI or other authorities.
