Betser Life

Finance

ICICI Bank Revolutionizes Banking for NRIs with New UPI Service

In a significant move to enhance banking convenience for Non-Resident Indians (NRIs), ICICI Bank has introduced a pioneering service allowing UPI payments with international mobile numbers. This innovative feature marks a milestone in the banking sector by facilitating seamless and secure transactions for the NRI community across ten countries, including the USA, UK, UAE, Canada, […]

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Navigating New Legal Landscapes: Vital Updates for Modern Enterprises

– CS Sandeep Jayachandran As the corporate world evolves, staying abreast of legal updates is crucial for businesses striving to maintain compliance and leverage strategic advantages. At Arclight Interiors, we understand that our clients not only seek beautiful designs but also need to navigate complex legal environments. This blog discusses recent pivotal rulings and legislative

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Obligation of foreign companies to file return of income and related compliances in India

– Niranjan Shah Chartered AccountantNRI Taxation, Business Valuation Consultant, Start-up Advisory,International tax and transfer pricing Consultant Obligation under income tax act, amongst others, includes determining residential status, chargeability of income, rates of taxes, payment of taxes, filing of return of Income and necessary forms, responding to tax authorities etc. Under Indian tax regulation, a resident

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Taxation of Income from Overseas Retirement Fund

Niranjan Shah Chartered Accountant NRI Taxation, Business Valuation Consultant, Start-up Advisory, International tax and transfer pricing Consultant Every country has its own retirement funds or contribution plan for retirement benefits as social security measure. Generally, in most of the countries including India taxation of such domestic funds are at the time receipt / withdrawal. However, income from

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