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Taxes during and after RNOR status

My wife has inherited land in Kerala from her father, which he had inherited. The land is a subject matter of compulsory acquisition from the National Highways Authority of India. In such a case......

For RNOR, foreign income is tax-free in India

A N Shanbhag, investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.\nMy son is a non-resident Indian and I am in government service. He has both a non-resident......

RNOR not required pay tax in India on forex income

A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.A Rediff India Abroad feature: I have been a Non-Resident Indian for the......

A tax checklist for returning NRIs

Disclose foreign assets, redesignate NRO a/c and open a Resident Foreign Currency a/c to park forex earnings India remains one of the fastest growing economies in the world. For those who are......

FM proposes separate ITR form for expats

Some of the disclosures in the ITR form, under review at present, increases procedural hassles for expats After the new income-tax returns (ITR) forms came under criticism from both tax experts and......
  Web results for Rnor
Residential status in India is dynamic and has to be determined for each financial year

A resident may either qualify as a resident and ordinarily resident (ROR) or resident but not ordinarily resident (RNOR) My husband has been... ...
Returning Indians Things to do to simplify finances

Amongst the emerging markets in the global economy today, India seems to be occupying a favorable spot. This favorable position has been enhanced... ...
Salary earned for services rendered in India is an India sourced income

Your India-sourced salary would be taxable in your hands in India, even if you receive it in your US bank account I am an Indian citizen employed... ...
Sea farer - rnor status for yr in which not fulfilled 183 day

× Sign-in to your account Sign up Now Join and Share your Knowledge. Registered members get a chance to interact at Forum,... ...
All you need to know

By Nitin J Shetty Chartered Accountant, Mangaluru Mangaluru, Jul 11: Year on year several Non-Resident Indians (NRIs) are returning to their... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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