Tax relief for stranded overseas Indians amid Covid-19

  • Date: 04-Mar-2021
  • Source: Gulf Insider
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

Tax relief for stranded overseas Indians amid Covid-19

The Indian government has agreed to provide relief from double taxation to Indians who had to stay in India beyond their tax exemption stay limit due to the Covid-19 pandemic.India's Central Board of Direct Taxes (CBDT) 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 through the website.Comments Read Next2 hours agoIndia records 17,407 new Covid-19 cases5 days agoIndian Rupee drops to lowest value of 2021 against UAE Dirham3 weeks agoIndian nationals barred from travelling to Saudi, Kuwait via UAEJanuary 28, 2021Registration for Covishield-AstraZenec vaccination now openJanuary 28, 2021Bahrain receives first batch of Covishield – AstraZeneca vaccine from IndiaDecember 24, 2020India's first NBA player banned for two yearsNovember 28, 2020India suffers first recession in decades; GDP slumps 7.5%November 14, 2020India: Man kills his 3 children before ending lifeNovember 6, 2020WhatsApp launches payment service in IndiaOctober 14, 2020Bangladesh set to overtake India in 2020 per capita GDP