Blog about Financial Education, Advisory & Planning
Nirmala Sitharaman introduced new slabs and reduced the tax rate for different slabs for an individual income of up to Rs 15 lakh. In addition she removed dividend distribution tax (DDT), again in line with recommendations of the panel set up for Direct Tax Code (DTC). These are probably initial steps towards implementing DTC in …
NRI or non-resident Indian is a citizen of India or a person of Indian origin who goes out from the country for some official purpose/employment, carrying on their own business or with the intention to stay outside the country for more than 182 days or more during a financial year and 365 days or more …
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