Relief from double taxation for overseas Indians stranded amid covid-19

News Network
March 4, 2021

nris.jpg

New Delhi, Mar 4: The Government of India has agreed to provide relief from double taxation to Indians living abroad who had to stay in India beyond their tax exemption stay limit on account of disruptions caused by the Covid-19 pandemic.

India’s Central Board of Direct taxes (CBDT) had received many representations requesting for relaxation in determination of residential status for the financial year 2020-21 from individuals who had come to India during 2019-20.

They intended to leave India again, but could not do so due to the suspension of international flights during the lockdown caused by the pandemic.

The CBDT, in a late night announcement, asked any individual facing double taxation to furnish the information about their stay in India by March 31.

"This form is to be submitted electronically to the Principal Chief Commissioner of Income-tax (International Taxation) and can be accessed on www.incometaxindia.gov.in.
 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 14,2024

Bengaluru: Karnataka Deputy Chief Minister D K Shivakumar on Thursday backed Chief Minister Siddaramaiah over his claim that the BJP had offered Rs 50 crore each to 50 Congress MLAs in an attempt to "topple" the state government.

Addressing reporters here, Shivakumar, also the Congress state president, said, “The BJP indeed lured 50 Congress MLAs with Rs 50 crore each.”

He defended Siddaramaiah’s statement and said the Congress MLAs were briefed about the BJP’s alleged 'Operation Lotus', a term used to describe the BJP's attempts to destabilise ruling governments through horse-trading.

“Some of our MLAs informed the Chief Minister about this matter, and he, in turn, shared it with the media,” Shivakumar said.

At an event in Mysuru, Siddaramaiah reiterated the claim that "none of the Congress MLAs had accepted the offer".

He also accused the BJP of filing false cases against him in a bid to "remove him and overthrow his government".

The BJP has yet to respond to the allegations.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.