Run-up to Budget 2025: Make it easy for non-residents to fulfil Indian tax obligations

Q: How long will it take to read this news story?

The story "Run-up to Budget 2025: Make it easy for non-residents to fulfil Indian tax obligations" has 1165 words across 46 sentences, which will take approximately 5 - 10 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Run-up to Budget 2025: Make it easy for non-residents to fulfil Indian tax obligations" was covered 1 days ago by Times of India, a news publisher based in India.

Q: How trustworthy is 'Times of India' news outlet?

Times of India is a fully independent (privately-owned) news outlet established in 1838 that covers mostly economy and business news. The outlet is headquartered in India and publishes an average of 23 news stories per day. It's most recent story was published 39 minutes ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #24971463</li><li>URL: https://beamstart.com/news/run-up-to-budget-2025-17363231451592</li></ul>

Times of India 1d ago

Run-up to Budget 2025: Make it easy for non-residents to fulfil Indian tax obligations - Times of India

Quick Summary:

Tax laws determine a person's residency status based on their stay in India.

To ease compliance for non-resident taxpayers, introducing thresholds for tax residency certificates, relaxing norms for Form 10F, facilitating tax payments and refunds, and easing e-verification processes are suggested measures.

Hence, suitable amendments can be made along with Form 10F, where the taxpayer can furnish TRCs from the previous period (say, for the last 1–2 years) and a copy of the TRC for the current financial year may be provided later (say at the time of filing of its tax return in India).