SlideShare a Scribd company logo
1 of 1
Download to read offline
What You must Know about India’s New Tax Residence Certificate Rules

Indian tax authorities have introduced new rules specifying the way Tax Residence Certificate (TRC) should be
submitted to claim reliefs under relevant tax treaties.

New Tax Residence Certificate Rules for Non-Residents
As per the new rules, the TRC obtained by a non-resident in India from its home country must (along with the
general requisites) include:

         The taxpayer’s residential status for taxation,
         The taxpayer’s address for the relevant period, and
         Its applicability period.

New Tax Residence Certificate Rules for Residents
The Indian tax authorities have prescribed a new application format which is to be submitted to the tax authorities
to obtain a TRC, and have also provided a new format in which the TRC can be issued.

A business consultant to simplify tax matters overseas
When doing business overseas, it is essential to be familiar with the latest updates pertaining to tax and other
regulations as incomplete knowledge about foreign markets can be a real impediment. Seeking counsel from a
professional will ensure that you are taking the right steps towards the fulfillment of your international business
expansion.

Taking the help of an expert who has a thorough understanding of the complexities of taxation would ward off all
roadblocks. A dependable professional partner in an international expansion can help eliminate the anxieties
concerning your overseas expansion project and allow you to focus on building your business.

Businesses performing under financial constraints can take cues from the experts to avoid unnecessary hassles.
They have up-to date information on how to keep up with the ever changing laws as well as provide assistance in
other areas like global transfer pricing etc.

Read more on - international accounting, sas compliance

More Related Content

More from Nair and Co.

Argentina Clarifies Income Tax Provisions
Argentina Clarifies Income Tax ProvisionsArgentina Clarifies Income Tax Provisions
Argentina Clarifies Income Tax ProvisionsNair and Co.
 
China Eases Tax Exemption for E-commerce
China Eases Tax Exemption for E-commerceChina Eases Tax Exemption for E-commerce
China Eases Tax Exemption for E-commerceNair and Co.
 
Belgium Introduces Changes to Employment Law Regulations
Belgium Introduces Changes to Employment Law RegulationsBelgium Introduces Changes to Employment Law Regulations
Belgium Introduces Changes to Employment Law RegulationsNair and Co.
 
Germany Updates Minimum Salary Qualifications for EU Blue Card Holders
Germany Updates Minimum Salary Qualifications for EU Blue Card HoldersGermany Updates Minimum Salary Qualifications for EU Blue Card Holders
Germany Updates Minimum Salary Qualifications for EU Blue Card HoldersNair and Co.
 
Australia Increases Super (Superannuation Guarantee), the Required Employer R...
Australia Increases Super (Superannuation Guarantee), the Required Employer R...Australia Increases Super (Superannuation Guarantee), the Required Employer R...
Australia Increases Super (Superannuation Guarantee), the Required Employer R...Nair and Co.
 
Belgium Changes Withholding Tax Rates
Belgium Changes Withholding Tax RatesBelgium Changes Withholding Tax Rates
Belgium Changes Withholding Tax RatesNair and Co.
 
Sir Alan Collins to Honour “Magical Team” at The Churchill Club Awards Ceremony
Sir Alan Collins to Honour “Magical Team” at The Churchill Club Awards CeremonySir Alan Collins to Honour “Magical Team” at The Churchill Club Awards Ceremony
Sir Alan Collins to Honour “Magical Team” at The Churchill Club Awards CeremonyNair and Co.
 
Australia Announces Changes to Unfair Dismissal Related Thresholds
Australia Announces Changes to Unfair Dismissal Related ThresholdsAustralia Announces Changes to Unfair Dismissal Related Thresholds
Australia Announces Changes to Unfair Dismissal Related ThresholdsNair and Co.
 
South Korea Enacts Tax Revision Bill: Update from International Tax Complianc...
South Korea Enacts Tax Revision Bill: Update from International Tax Complianc...South Korea Enacts Tax Revision Bill: Update from International Tax Complianc...
South Korea Enacts Tax Revision Bill: Update from International Tax Complianc...Nair and Co.
 
Australian Federal Court Clarifies that Reasonable Performance Management is ...
Australian Federal Court Clarifies that Reasonable Performance Management is ...Australian Federal Court Clarifies that Reasonable Performance Management is ...
Australian Federal Court Clarifies that Reasonable Performance Management is ...Nair and Co.
 
India Notifies Rules for ‘Voluntary Compliance Encouragement Scheme’: Update ...
India Notifies Rules for ‘Voluntary Compliance Encouragement Scheme’: Update ...India Notifies Rules for ‘Voluntary Compliance Encouragement Scheme’: Update ...
India Notifies Rules for ‘Voluntary Compliance Encouragement Scheme’: Update ...Nair and Co.
 
India passes finance bill for 2013 14- updates from international tax consult...
India passes finance bill for 2013 14- updates from international tax consult...India passes finance bill for 2013 14- updates from international tax consult...
India passes finance bill for 2013 14- updates from international tax consult...Nair and Co.
 
Argentina Introduces New Systems for Recording Overseas Payments: Update from...
Argentina Introduces New Systems for Recording Overseas Payments: Update from...Argentina Introduces New Systems for Recording Overseas Payments: Update from...
Argentina Introduces New Systems for Recording Overseas Payments: Update from...Nair and Co.
 
Argentina introduces new systems for recording overseas payments update from...
Argentina introduces new systems for recording overseas payments  update from...Argentina introduces new systems for recording overseas payments  update from...
Argentina introduces new systems for recording overseas payments update from...Nair and Co.
 
India Revises Tolerance Band for Transfer Pricing: Updates from International...
India Revises Tolerance Band for Transfer Pricing: Updates from International...India Revises Tolerance Band for Transfer Pricing: Updates from International...
India Revises Tolerance Band for Transfer Pricing: Updates from International...Nair and Co.
 
Australia Proposes Amendments to GAAR (Part IVA) to Counter Tax Dodging
Australia Proposes Amendments to GAAR (Part IVA) to Counter Tax DodgingAustralia Proposes Amendments to GAAR (Part IVA) to Counter Tax Dodging
Australia Proposes Amendments to GAAR (Part IVA) to Counter Tax DodgingNair and Co.
 
Australia releases fair work amendment bill 2013
Australia releases fair work amendment bill 2013Australia releases fair work amendment bill 2013
Australia releases fair work amendment bill 2013Nair and Co.
 
UK Relaxes Reporting Rules for Small Companies under RTI; Allows Extended Tim...
UK Relaxes Reporting Rules for Small Companies under RTI; Allows Extended Tim...UK Relaxes Reporting Rules for Small Companies under RTI; Allows Extended Tim...
UK Relaxes Reporting Rules for Small Companies under RTI; Allows Extended Tim...Nair and Co.
 
Introducing SDL BeGlobal - The industry's first cloud platform for real-time ...
Introducing SDL BeGlobal - The industry's first cloud platform for real-time ...Introducing SDL BeGlobal - The industry's first cloud platform for real-time ...
Introducing SDL BeGlobal - The industry's first cloud platform for real-time ...Nair and Co.
 
Budgetary Updates: Norway, Sweden and Netherlands
Budgetary Updates: Norway, Sweden and NetherlandsBudgetary Updates: Norway, Sweden and Netherlands
Budgetary Updates: Norway, Sweden and NetherlandsNair and Co.
 

More from Nair and Co. (20)

Argentina Clarifies Income Tax Provisions
Argentina Clarifies Income Tax ProvisionsArgentina Clarifies Income Tax Provisions
Argentina Clarifies Income Tax Provisions
 
China Eases Tax Exemption for E-commerce
China Eases Tax Exemption for E-commerceChina Eases Tax Exemption for E-commerce
China Eases Tax Exemption for E-commerce
 
Belgium Introduces Changes to Employment Law Regulations
Belgium Introduces Changes to Employment Law RegulationsBelgium Introduces Changes to Employment Law Regulations
Belgium Introduces Changes to Employment Law Regulations
 
Germany Updates Minimum Salary Qualifications for EU Blue Card Holders
Germany Updates Minimum Salary Qualifications for EU Blue Card HoldersGermany Updates Minimum Salary Qualifications for EU Blue Card Holders
Germany Updates Minimum Salary Qualifications for EU Blue Card Holders
 
Australia Increases Super (Superannuation Guarantee), the Required Employer R...
Australia Increases Super (Superannuation Guarantee), the Required Employer R...Australia Increases Super (Superannuation Guarantee), the Required Employer R...
Australia Increases Super (Superannuation Guarantee), the Required Employer R...
 
Belgium Changes Withholding Tax Rates
Belgium Changes Withholding Tax RatesBelgium Changes Withholding Tax Rates
Belgium Changes Withholding Tax Rates
 
Sir Alan Collins to Honour “Magical Team” at The Churchill Club Awards Ceremony
Sir Alan Collins to Honour “Magical Team” at The Churchill Club Awards CeremonySir Alan Collins to Honour “Magical Team” at The Churchill Club Awards Ceremony
Sir Alan Collins to Honour “Magical Team” at The Churchill Club Awards Ceremony
 
Australia Announces Changes to Unfair Dismissal Related Thresholds
Australia Announces Changes to Unfair Dismissal Related ThresholdsAustralia Announces Changes to Unfair Dismissal Related Thresholds
Australia Announces Changes to Unfair Dismissal Related Thresholds
 
South Korea Enacts Tax Revision Bill: Update from International Tax Complianc...
South Korea Enacts Tax Revision Bill: Update from International Tax Complianc...South Korea Enacts Tax Revision Bill: Update from International Tax Complianc...
South Korea Enacts Tax Revision Bill: Update from International Tax Complianc...
 
Australian Federal Court Clarifies that Reasonable Performance Management is ...
Australian Federal Court Clarifies that Reasonable Performance Management is ...Australian Federal Court Clarifies that Reasonable Performance Management is ...
Australian Federal Court Clarifies that Reasonable Performance Management is ...
 
India Notifies Rules for ‘Voluntary Compliance Encouragement Scheme’: Update ...
India Notifies Rules for ‘Voluntary Compliance Encouragement Scheme’: Update ...India Notifies Rules for ‘Voluntary Compliance Encouragement Scheme’: Update ...
India Notifies Rules for ‘Voluntary Compliance Encouragement Scheme’: Update ...
 
India passes finance bill for 2013 14- updates from international tax consult...
India passes finance bill for 2013 14- updates from international tax consult...India passes finance bill for 2013 14- updates from international tax consult...
India passes finance bill for 2013 14- updates from international tax consult...
 
Argentina Introduces New Systems for Recording Overseas Payments: Update from...
Argentina Introduces New Systems for Recording Overseas Payments: Update from...Argentina Introduces New Systems for Recording Overseas Payments: Update from...
Argentina Introduces New Systems for Recording Overseas Payments: Update from...
 
Argentina introduces new systems for recording overseas payments update from...
Argentina introduces new systems for recording overseas payments  update from...Argentina introduces new systems for recording overseas payments  update from...
Argentina introduces new systems for recording overseas payments update from...
 
India Revises Tolerance Band for Transfer Pricing: Updates from International...
India Revises Tolerance Band for Transfer Pricing: Updates from International...India Revises Tolerance Band for Transfer Pricing: Updates from International...
India Revises Tolerance Band for Transfer Pricing: Updates from International...
 
Australia Proposes Amendments to GAAR (Part IVA) to Counter Tax Dodging
Australia Proposes Amendments to GAAR (Part IVA) to Counter Tax DodgingAustralia Proposes Amendments to GAAR (Part IVA) to Counter Tax Dodging
Australia Proposes Amendments to GAAR (Part IVA) to Counter Tax Dodging
 
Australia releases fair work amendment bill 2013
Australia releases fair work amendment bill 2013Australia releases fair work amendment bill 2013
Australia releases fair work amendment bill 2013
 
UK Relaxes Reporting Rules for Small Companies under RTI; Allows Extended Tim...
UK Relaxes Reporting Rules for Small Companies under RTI; Allows Extended Tim...UK Relaxes Reporting Rules for Small Companies under RTI; Allows Extended Tim...
UK Relaxes Reporting Rules for Small Companies under RTI; Allows Extended Tim...
 
Introducing SDL BeGlobal - The industry's first cloud platform for real-time ...
Introducing SDL BeGlobal - The industry's first cloud platform for real-time ...Introducing SDL BeGlobal - The industry's first cloud platform for real-time ...
Introducing SDL BeGlobal - The industry's first cloud platform for real-time ...
 
Budgetary Updates: Norway, Sweden and Netherlands
Budgetary Updates: Norway, Sweden and NetherlandsBudgetary Updates: Norway, Sweden and Netherlands
Budgetary Updates: Norway, Sweden and Netherlands
 

Recently uploaded

Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizharallensay1
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentationuneakwhite
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperityhemanthkumar470700
 
Structuring and Writing DRL Mckinsey (1).pdf
Structuring and Writing DRL Mckinsey (1).pdfStructuring and Writing DRL Mckinsey (1).pdf
Structuring and Writing DRL Mckinsey (1).pdflaloo_007
 
Falcon Invoice Discounting: Aviate Your Cash Flow Challenges
Falcon Invoice Discounting: Aviate Your Cash Flow ChallengesFalcon Invoice Discounting: Aviate Your Cash Flow Challenges
Falcon Invoice Discounting: Aviate Your Cash Flow Challengeshemanthkumar470700
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon investment
 
BeMetals Investor Presentation_May 3, 2024.pdf
BeMetals Investor Presentation_May 3, 2024.pdfBeMetals Investor Presentation_May 3, 2024.pdf
BeMetals Investor Presentation_May 3, 2024.pdfDerekIwanaka1
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Adnet Communications
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptxnandhinijagan9867
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...daisycvs
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGParadip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGpr788182
 
Cannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannaBusinessPlans
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon investment
 
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...meghakumariji156
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Falcon Invoice Discounting
 
Buy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From SeosmmearthBuy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From SeosmmearthBuy Verified Binance Account
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwaitdaisycvs
 
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfTVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfbelieveminhh
 

Recently uploaded (20)

Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
Structuring and Writing DRL Mckinsey (1).pdf
Structuring and Writing DRL Mckinsey (1).pdfStructuring and Writing DRL Mckinsey (1).pdf
Structuring and Writing DRL Mckinsey (1).pdf
 
Falcon Invoice Discounting: Aviate Your Cash Flow Challenges
Falcon Invoice Discounting: Aviate Your Cash Flow ChallengesFalcon Invoice Discounting: Aviate Your Cash Flow Challenges
Falcon Invoice Discounting: Aviate Your Cash Flow Challenges
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business Potential
 
BeMetals Investor Presentation_May 3, 2024.pdf
BeMetals Investor Presentation_May 3, 2024.pdfBeMetals Investor Presentation_May 3, 2024.pdf
BeMetals Investor Presentation_May 3, 2024.pdf
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGParadip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
Cannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 Updated
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business Growth
 
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
 
Buy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From SeosmmearthBuy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From Seosmmearth
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfTVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
 

What You must Know about India’s New Tax Residence Certificate Rules

  • 1. What You must Know about India’s New Tax Residence Certificate Rules Indian tax authorities have introduced new rules specifying the way Tax Residence Certificate (TRC) should be submitted to claim reliefs under relevant tax treaties. New Tax Residence Certificate Rules for Non-Residents As per the new rules, the TRC obtained by a non-resident in India from its home country must (along with the general requisites) include: The taxpayer’s residential status for taxation, The taxpayer’s address for the relevant period, and Its applicability period. New Tax Residence Certificate Rules for Residents The Indian tax authorities have prescribed a new application format which is to be submitted to the tax authorities to obtain a TRC, and have also provided a new format in which the TRC can be issued. A business consultant to simplify tax matters overseas When doing business overseas, it is essential to be familiar with the latest updates pertaining to tax and other regulations as incomplete knowledge about foreign markets can be a real impediment. Seeking counsel from a professional will ensure that you are taking the right steps towards the fulfillment of your international business expansion. Taking the help of an expert who has a thorough understanding of the complexities of taxation would ward off all roadblocks. A dependable professional partner in an international expansion can help eliminate the anxieties concerning your overseas expansion project and allow you to focus on building your business. Businesses performing under financial constraints can take cues from the experts to avoid unnecessary hassles. They have up-to date information on how to keep up with the ever changing laws as well as provide assistance in other areas like global transfer pricing etc. Read more on - international accounting, sas compliance