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Location American Market News for 15 June 2025
What are the tax rules for my children's Indian bank interest if they live abroad? NRI children must report Indian interest income in their resident countries, but tax relief is available under DTAA to avoid double taxation. Here's how the rules apply across borders.
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Indians must adapt FIRE to indigenous needs

livemint.com - 15 Jun 2025 13:19
Indians must adapt FIRE to indigenous needs FIRE is not a one-size-fits-all approach, especially in India, where cultural attitudes about money are deeply entrenched in familial obligations, social expectations and economic disparities.
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Income Tax: Today is the deadline to pay first instalment of advance tax. Check details Income Tax: Advance tax is meant to be paid by anyone who is a salaried professional or freelancer or business owner with tax liability of ₹10,000 or more.
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