Income Tax Blog - H&R Block India

RECENT BLOGS

February 12, 2018

Retirement Income and Tax Planning

Planning your taxes better to make your retired life better! Retirement from your job doesn’t amount to retirement from taxation. Final tax is deducted at source at the time of retirement by the employer. However, it doesn’t mean the end of taxation in the life […]
February 12, 2018
Budget updates for senior citizen allowances

Budget 2018 Gives Reason To Cheer For Senior Citizens

The 2018 Budget was good news for senior citizens. The 80D deduction limits that existed were increased and schemes improved in the newly announced Budget 2018.
February 12, 2018

Residential status and its relevance on taxability of income – H&R Block

Income arising in India is taxable irrespective of residential status of a person. However foreign income is taxable for Indian resident and fully exempt for non-resident.  In this article, we explain when Indian income or foreign income is taxable as per Income Tax Act. Taxability […]