Returning Indians |
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Returning Indians
A Returning Indian needs to plan his return to India. For the purpose, he needs advice / information on various aspects of Tax Laws / FEMA, 1999.
- What is your residential status under:
- Foreign Exchange Management Act, 1999
- The Income Tax Act, 1961
- Planning the date and month of return to India so as ensure minimum tax liability in the year of return (i.e. April to March)?
- Holding and operating of non-resident Banking accounts on your return to India and Taxability thereof.
- Holding of assets in and outside India / earning income in and outside India and its taxability?
- Benefits of Double Taxation Avoidance Treaty, if any applicable
Plan you smooth return so as to avail maximum benefits offered to NRIs.
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