Taxation of Income in India for NRI is an important element under Tax Planning for NRIs. India follows a progressive manner of taxation. Last Years Union Budget has divided the Income Tax System into 2 regimes. They are called the Old Regime of Taxation & New Regime of Taxation. Here is the complete details ofRead More
Decimation – Does NOT Mean you WON
I was talking to my friend & investor over the weekend – and he says “I never carry tension home. I purchase & sell the same day. Even if the stock is good and made me returns I do not keep it over the weekend. I just sell it and again buy next week ifRead More
Tax Residency Rules in Some Countries (USA, Canada, UK, UAE & Singapore)
A few days ago I wrote a post on the determination of Tax Residency for NRIs who live or work in multiple countries. The rules are general in nature, as developed by the OECD or UN model. But certain countries also have certain rules of their own to determine residency status for NRIs or citizensRead More
Investment Styles of Indian Mutual Fund Managers
In the start let me clarify – I am not going to point to individuals as MF space is highly decentralized and when we say we are evaluating Investment Styles of Indian Mutual Fund Managers – We mean to say the team behind a particular fund or fund house. We know from my last postRead More
Residency Tie Breaker Rules & Relevance
We all know the individual who wishes to take relief under the Double Taxation Avoidance Agreements (or treaties) has to qualify as a tax resident of one of the countries of the treaty. But how do you assign or determine residency? By applying the Residency Test or following the Residency Tie Breaker Rules as detailedRead More