Taxation on Charitable Contributions
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CASE STUDY INTRODUCTION We will explore the theme of charitable contributions, highlighting the differences between an Indian citizen making a contribution to an Indian non-profit from the US, versus a US citizen, living in India and making a donation to an Indian non-profit. From Rashmi’s Perspective Rashmi traveled to the US to pursue her master’s […]
Handling of Costs in India and the US
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CASE STUDY INTRODUCTION Let us consider the instance of Ravikumar and Satish, who attended the same college in India. Satish remained in India, whereas Ravi moved to the US and continues to reside there. They both choose to pursue entrepreneurship as their career. While Satish established a semiconductor product company in India, Ravi established a […]