Market News

If an NRI resident in the UAE works entirely outside India but is paid by an Indian company, taxability hinges on where employment is exercised under domestic law and the India-UAE DTAA.

The income tax officers are not supposed to seize any gold jewellery within the limits specified, irrespective of the level of standard of living or the status of the person in society being raided.

Major issuers HDFC Bank, American Express, SBI Card and ICICI Bank have reworked reward structures and tightened lounge access rules. Find out why your card benefits are shrinking and what you should do next.

If your total income does not exceed the basic exemption limit, no tax liability may arise.