NRI
NRIs caught in FEMA-RBI crossfire over when they become residentsReturning Indians may face hurdles in establishing residency. A tribunal ruling clashes with the Reserve Bank of India norms. The Foreign Exchange Management Act interpretation creates confusion. It i...
Indian workers in the UK exempt from social security contributions for up to 36 monthsA new agreement between India and the UK, part of the Comprehensive Economic and Trade Agreement (CETA), will exempt approximately 75,000 Indian workers in the UK from contributing to the UK's social ...
India-UK FTA unlocks pay boost for nearly 75,000 Indian techies with three-year levy reliefIndian IT companies like TCS and Infosys receive a boost as the UK exempts them from social security contributions for up to three years for Indian employees transferred to the UK. This benefits over ...
- A wealth tax may not solve Britain's fiscal problems
Oman becomes first Gulf state to launch income tax in bid to reduce oil dependenceOman will introduce a 5% income tax in 2028 on high earners, becoming the first Gulf state to do so. The tax targets individuals with annual incomes exceeding $109,000, impacting roughly the top 1% of...
UK's Britannia Card: All about Nigel Farage's plans to charge rich expats £250,000 to give to the poorReform UK has proposed the "Britannia Card," offering wealthy foreigners and returning Britons a 10-year residence permit with tax benefits for a £250,000 fee. This plan aims to attract wealth by rein...
UK's Farage promises non-doms protection from tax on overseas assetsNigel Farage's Reform UK party proposes a "Britannia Card" for non-doms, offering tax exemption on overseas assets for a £250,000 fee every 10 years. This challenges Conservative and Labour policies, ...
- UK may rethink non-dom inheritance tax as wealthy foreigners exit
