A parent who becomes a resident at 63 will be 73 before the residence test is met. The India agreement counts only Employees' Pension Scheme years after 2016, and only with a year of residence here before 58.Read More
A worker posted to Australia by an Indian employer can see payslip after payslip with no super, and the employer may still be within the law. What largely decides it is a certificate of coverage issued in India.Read More
A Black Friday sale advertised to end on 3 December 2025 ran for another week, the ACCC says. Here is what the regulator found about sale deadlines and countdown timers, and what shoppers can check before buying.Read More
A person working in Australia can gift money to parents in India in any amount, ₹5 lakh (₹500,000) or ₹5 crore (₹50,000,000), and neither India nor Australia taxes the gift itself. India does tax gifts, but it exempts money received from a "relative", and a son or daughter is on that list. The…Read More
India's tax law gives people who have just moved back a concession ordinary residents do not get. For at least two Indian tax years, someone returning after nine or more years as a non-resident is what the Income Tax Department calls "resident but not ordinarily resident". In that window, income…Read More
The Reserve Bank of India's guidance on accounts held by non-residents puts it in one sentence: "when a resident Indian becomes a person resident outside India, his existing resident account should be designated as NRO account." The rule is written into the Foreign Exchange Management (Deposit)…Read More
Four times a year the World Bank surveys the remittance market and records what it costs to move money along the corridors it tracks. Australia to India is one of them. The latest corridor figures...Read More
Thousands of Indian-Australians will one day face a choice about their superannuation, and most discover the rules at the worst possible moment: after they have left.Read More
It wasn’t part of any government plan, nor did it make headlines or spark tributes. But quietly, through school fees, hospital bills, property investments, and temple donations, Indian-Australians, along with millions of others in the global diaspora, helped send a record $135.46 billion to India in FY2024–25. According to the Reserve Bank of India, this figure marks a 14% rise from the previous year and confirms India as the world’s largest recipient of remittances, ahead of China and Mexico.Read More
Sydney, Australia – As mortgage defaults in Australia are set to surpass pandemic peaks, the financial landscape is becoming increasingly challenging for many, including Indian small business owners who have significantly contributed to the Australian economy. According to a recent report by Moody’s Ratings, the number of Australians late on home loan repayments by more […]Read More
