Tax rules and tax saving tips for NRIs

Being an NRI, it is quite an uphill task maintaining one’s finances. Apart from ensuring that you are doing the right things abroad, you have also got to maintain that things are in perfect order in your own country India. There are many things that undergo changes with your residential status with tax rules being one of the foremost amongst them. Few things need to be done differently if you happen to be an NRI. If you are not keeping yourself updated with the latest tax rules then filing the taxes and dealing with your Savings Account can indeed become […]

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What to do when you can’t afford your tax bill?

Every now and then, people find that they are unable to pay their taxes on time. This is apt to put some people into a panic, but others may choose to ignore it. Fortunately, there really is a right way to approach the tax deadline – even if you do not have the money to pay it. Do Not Ignore It Probably about the worst thing you could do is to do nothing. There is a deadline date for a reason, and the Internal Revenue Service (IRS) would like to hear something from you. Filing the forms on or before […]

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