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In this video, CA Rohit Nair, Chartered Accountant and Member of Institute of Chartered Accountants of India talks about the recently announced amendments in the Income Tax Act, 2017 extending the exemption limit up to Rs.7 lakhs in assets.

The Income Tax Ordinance, 2017 was recently notified by the Central Board of Direct Taxes (CBDT). This amendment, effective from 1st April, 2017, will extend the exemption limit under Section 3(2) of the Income Tax Act, 1961 for assets held by individuals for the purpose of earning income. This exemption applies to individual taxpayers who are not taxable in India and who are not ordinarily resident in India.

If you are a resident of India and you
Can you imagine not having to pay any tax on your income upto Rs.7 lakhs? Yes, this is possible if you're a resident of India and you're eligible for the Doglapan scheme. In this video, I'm speaking to CA Rohit Nair, a specialist in Indian taxation who will help you understand this exciting new tax relief scheme.

If you're looking for tax relief, then you should definitely watch this video! CA Rohit Nair will explain the Doglapan scheme in detail, and how it can benefit you and your family. Whether you're an Indian resident or not, this video is a must-watch if you're looking to reduce your tax liability!