Indy Global NRI Services LLP

13/05/2025

US New Tax Bill - 5% tax on immigrant remittances

The bill would impose a 5% tax on remittances sent abroad.

House Republicans unveiled the tax plan in Donald Trump’s “One Big, Beautiful Bill,” featuring tax breaks on tips, overtime, and auto loans, a $4,000 senior bonus, higher levies on elite universities, and a 5% tax on remittances. EV and green energy credits would be scrapped.

29/03/2025

PAN 2.0 - Not Mandatory, Old PAN card will be valid

PAN 2.0 Explained: What is the PAN 2.0? Will you be issued a new PAN Card by the Income Tax Department? Will your existing PAN Card become invalid? How will the new PAN Card be different from the existing one and how does having a QR code on a PAN Card help? The PAN 2.0 project aims at comprehensive...

14/03/2025

09/12/2024

Income Tax Department Issues Notices To 12,000 Property Buyers, Asks Them To Deposit TDS Amount Before

https://news24online.com/india/noida-news-income-tax-department-issues-notices-to-12000-property-buyers-asks-them-to-deposit-tds-amount-before/402261/

04/09/2024

New Rules for NRI's with PPF Account

New PPF rules: The latest guidelines pertain to Public Provident Fund accounts that are opened in the names of minors, the allowance for multiple PPF accounts, and the extension of PPF accounts for NRIs through post offices as part of the National Small Savings schemes.