Mrs. Jagruti Hindurao is a certified Insurance and Savings Advisor with India's leading Insurance providing company LIC. A Member of MDRT ( Million Doller Round Table) one the most premier association for Insurance Advisors across the globe, she is also a Galaxy Club Member. With so many feathers in her cap she firmly believes that a successful Financial Advisor is one who understands the need of his clients as like every person is unique so are his needs and goals.
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Indians working abroad can claim Foreign Tax Credit (FTC) by filing Form 67. Draft rules propose renumbering it to Form 44, requiring CA certificates for companies and individuals with foreign tax payments over Rs 1 lakh. These changes aim to enhance scrutiny and ensure bona fide claims, potentially increasing compliance costs.
Read MoreSalaried individuals claiming HRA under the old tax regime must disclose their relationship with landlords in Form 124 if rent exceeds ₹1 lakh, per Draft Income Tax Rules, 2026.
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