NRI Legal Services

  Goods and Services Tax and its Impact The Indirect Tax system of India is incredibly complex because of the numerous types of taxes levied by the Governments both center and state on Goods and Services. For example Entertainment Tax for watching a film, Value Added Tax (VAT) for purchasing goods & services by the consumer. Taxes such as excise and import Duties, Luxury, Central Sales, Service and Entry Tax are few other taxes in the list.The Goods and Services Tax is a massive reform in indirect tax structure in Indian taxation system. Many experts have therefore proposed that to resolve the problems of increased taxes it is required to streamline all indirect taxes and implement a “single taxation” system. This system is entitled to Goods and Services Tax or GST. This GST will be tolled both on Goods and Services. In simple terms, GST is a tax that people need to pay while supplying or providing of goods & services. The suggested GST model: A twin GST system ...

Have Income? Will be taxed! Income Tax is a matter of interest both for citizens and NRIs – though the rules of taxation for both could vary. An NRI is a person who has an Indian passport and has temporarily migrated to another country for six months or more for employment, residence, education or any other purpose. If an Indian citizen leaves the country for work abroad or as a crew on an Indian ship and spends less than 182 days in India in a year, he or she is considered non-resident for tax plans. Taxability in India depends on if an individual suits the NRI status for each year. Following are few regulations of income tax NRIs should acknowledge: An NRI has to pay tax on any income that accumulated in India or received in India. So salary received in India, rental income, interest income from fixed deposits or saving bank accounts and capital gains on assets sold in India are taxable. If the salary of an NRI is higher than the basic exemption limit for the year, he/she is...

RERA – What it means for the Property Developers RERA or Real Estate Regulation Act , 2016 can be seen as India’s real estate sectors the first regulator, legislated by the parliament in 2016. RERA attempts to deliver transparency and ethical practices that would guard the interests of buyers and also inflict punishments on erring contractors.  As per RERA, every state and union territory will have its own regulator and set of laws to direct the purpose of the regulator. Centre has outlined laws for union territories also covering the national Capital. RERA tries to address issues like delay, price, quality of construction, title and other changes that are part of the real estate business in the country. Obstructions in projects are the biggest concern faced by buyers. The causes are manifold, and the impact is enormous. For the last ten years, several projects have seen delays of up to seven years. Schemes launched after the turn of this decade have also encount...

Domestic Violence – It all begins with ‘love’, my lady! Domestic Violence is an aggressive or violent behaviour, deliberate intimidation, physical assault, sexual assault and/or battery within the home, involving the abuse of a spouse or partner. It is a way of showing power and control over the partner or spouse. It mainly includes sexual, physical, psychological violence, and emotional abuse. The severity and the recurrence of the violence may vary, but the constant element of the domestic violence is consistency in the maintenance of power and control over the other person i.e. the controlling behaviour. It is a very common practice in almost every community regardless of the gender, race, age, economic status, religion, sexual orientation or nationality. It often goes with emotionally abusive and controlling behaviour. It can often result in psychological trauma, physical injury, and in critical cases, even death. To protect women from such an outbreak of violence the governm...

The Safety Net - National Pension Scheme for NRIs : The various appealing investment options that are available in India have made it a preferred investment centre for NRIs. With an increase in the prominence of India as a player in the world's economy, the investment options for NRIs have increased. The prevailing belief that Indian businesses offer high profits with minimal efforts has increased

Inherited property in India? Get free legal advice on how to claim it. Get property transferred in your name and safeguard it. Amrik Singh belonged to a family which left its native village Dayalpur, in Jullundhur District in the state of Punjab, India, almost forty-five years ago. Personal situations somehow led to circumstances that prevented them from visiting India again. Settled in New Jersey with his parents, wife and two children, he got news of his paternal grandfather ‘demise. Amrik and his parents were aware that the aged grandfather had been looking after the family land personally and had been responsible for the tilling, sowing, selling of the crop and other maintenance. However, neither his father nor Amrik was aware of the exact location or size of the property. This meant that now it was time to look back at their inherited property in India . A confused and helpless Amrik traced the company details through the internet and contacted our New Jersey office and told u...

Invest in India without Fear - RERA is here : Keeping in mind the rapid growth process in the real estate sector and its contribution to Indian Economy the Government introduced the Real Estate Regulation Act (RERA). Their aim was to provide world-class facilities to its citizens by providing a home for all, developing smart cities and making advancements in the infrastructure sector.The growth in