Wednesday, July 31, 2024

Despite being NRI you will taxed as Indian resident if your income in India is above this; Know what else NRIs to watch out while filing ITR

ITR for Non-resident Indians (NRIs): While filing income tax return (ITR) NRIs need to keep a close watch whether deemed residency status have been applied on them or not. As per Mudit Vijayvergiya, Founder, SBNRI, "Under the purview of Income Tax law, NRIs must obtain a Tax Residency Certificate (TRC) to claim DTAA benefits in India."

from Tax-Wealth-Economic Times https://ift.tt/R0Gm3pA

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