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FILING OF TAX FOR NRE -SHIPPING
by Lav on Mar 11, 2006 02:59 PM

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.

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Are you an NRI?