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Blogs
Expert-verified updates for CA professionals


Most NRIs Don't Realise FEMA and Income Tax Define "Resident" Differently
"I moved back to India in October. My CA said I am still an NRI for FEMA but a resident for income tax. How can both be true at the same time?" This is one of the most genuinely confusing aspects of NRI compliance in India - and it catches people off guard every single year. The confusion is completely understandable. Most people assume that "resident" or "NRI" is a single legal status that applies across the board. It is not. In India, two completely separate laws determine

CA Bhavesh Panpaliya
May 276 min read


NRI Cryptocurrency Transactions - Is Crypto Taxable in India? 🪙
"I bought Bitcoin in 2021 while living in Dubai. I sold it last year and transferred the profits to my Indian bank account. Do I owe tax in India?" This question is becoming more common by the day. Crypto does not respect borders. NRIs buy it on foreign exchanges, hold it in wallets across jurisdictions, and sometimes sell or transfer it in ways that touch India. And yet, many are genuinely unsure whether Indian tax law applies to them at all. The short answer: yes, in many s

CA Bhavesh Panpaliya
May 216 min read
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