Indian residents receiving salary, stock benefits, dividends, or capital gains from foreign entities must report such income and assets in their Income Tax Return (ITR). Key obligations include precise currency conversion using SBI TTBR, accurate disclosure in relevant ITR schedules, and adherence to international information-exchange standards for tax transparenc

When your income reaches a certain threshold, tax is levied. To pay the taxes, an ITR must be filed.

As per section 160 r/w section 139A of the Income Tax Act’ 1961, even a minor can apply for PAN card in India through a representative asses