Retiring in India— A shattered dream due to changes in tax laws

Many people of Indian origin have dreamed about spending more time in India after they retire. Under the changes taking place in the U.S. and Indian tax laws, this dream may result in much higher taxes (sometimes more than double). To understand all the changes that have taken place recently, as well as the severe civil and criminal penalties for non compliance, we are providing a quick snapshot in this article.

What are successes and failures of Demonetization?

RANVIR MOHINDRA There are many people who are giving strong opinions about the success or failure of the recent Demonetization in India. The Government will have you believe one way and the Opposition parties in the opposite way. To answer this complex issue question in a more practical and less political way, I think it … Continue reading What are successes and failures of Demonetization?

Understanding The Twin Financial Revolution In India

RANVIR MOHINDRA There is a twin financial revolution taking place in India. The first is Demonetization and the second is the General Sales Tax (GST). No country can operate without being able to raise adequate taxes. The fall of innumerable nations is directly related to their inability to raise adequate taxes. The reasons may have … Continue reading Understanding The Twin Financial Revolution In India