Ever since coming into existence, FEMA has acted as a crucial source in India for the growth and development of different sectors. FEMA’s main aim is to promote international trade and orderly growth, balance payments, and maintain India’s international-exchange market. Here is the list of main compliance to be followed under FEMA’s provisions.
Insights Of NRI & Expatriate Taxation
Any Expatriate, NRI, and PIO doing any business transactions or employed in India need to understand and follow the Indian Laws and orders associated with the foreign exchange policies. The common issue faced by the NRIs or any Expatriate is the compliance with the International Taxation system in India.
As per the Regulations of the ITA (Income Tax Act), the tax liable on an expatriate depends upon the residential status, not judged by the nationality of the expatriate.
To comply with various International Taxation laws and regulations, Expatriates trust reliable and professional services. We have a team of experts who provides efficient solutions to expatriate taxation problems. Our tax consultant offers distinct and fruitful strategies to handle any tax-related matters such as withholding obligations, Dual Taxation, Tax compliance issues, foreign bank report filing, Language barriers, and several tax liabilities.