Who is Non – Resident Indian?
Non – Resident Indian (NRI) is an individual who is a citizen of India or
Is the Residential status of a person relevant for determining the taxability of the income in his hands?
Yes, the residential status of a person earning income is very relevant for determining the
Does NRI need to pay taxes in India?
Non – Resident Indians have to pay taxes only for income earned or accrued in
Which ITR form is applicable on NRI assesee?
If an individual is not eligible for ITR – 1 and individual/ HUF having no
What are the tax implications for an NRI on inheriting agricultural land?
An NRI inheriting agricultural land is not taxable.
Are dividends earned by NRI for the shares/ stocks/ securities in India taxed?
Dividends earned from stocks are exempt from Income Tax of India irrespective of the residential
What is the due date for NRI Income Tax Return filing?
NRI Income Tax Return must be filed on or before 31st July following the Financial