okay so hi i lived outside india for 14 years straight but i did my 2 from india. so am i still eligible for the nri quotas in indian colleges and unis.plz do reply soon.
If a person resides less than 182 days in india during the financial year, whether he will be NRI.Can he bring entire amount earned outside india during the same financial year?
The parent company is in India.some of the existing employees of the same company are send to work in its sister company at abroad for long term on return basis after wards.Please suggest what type a/c the company has to maintain so that the employees continuity in the company remains in India and they get the NRI satuas also.
The parent company is in India.some of the existing employees of the same company are send to work in its sister company at abroad for long term on return basis after wards.Please suggest what type a/c the company has to maintain so that the employees continuity in the company remains in India and they get the NRI satuas also.
I was working in gulf from 2001 Nov to 2009 OCt.if i have satayed in India for more than 180 days on 2009 do i have to pay tax on money remitted after april 2009.or am i eligible for NRI staus on money remitted?
Hi, Thanks for the enlightining views for tax returns. Pls clarify this 1) For shipping people.. if they have 182 days in a PY, earning in foreign currency form foreign company , remitted in indian NRE accoubnt,are they taxed. 2) Do they have to file returns for other income from indian sources.. like - stocks, MF'S capital gains,house rentals. 3) Does owning a land / property in india, force me to file taxreturns inspite of nre status due to nature of shipping job.
I have stareted earning only abroad directly after completing my graduation. Its now about 21 continous months iam out of inida and earning there.Though i am transferring the money to my account in india. Will it be taxable??
According to the details provided in the page i fall in both ROR and NROR category, am i right?
Hi I was in US for 10 years (Aug94 to May2004) and returned back in May 2004 for good. I am working for a software company and am on US payroll. As per tax laws as a returned NRI I don't have to pay taxes on outside India income for two years from my date of return. I will be completing 2 years on May 2006. So going forward how should I plan my taxes as I won't be eligible for tax exempt starting May06?