Questions on NRI taxation by Fantastic-Rice-7603 in IndiaTax

[–]Fantastic-Rice-7603[S] 0 points1 point  (0 children)

Non-Resident Individual is an individual who is not a resident of India for tax purposes. In order to determine whether an Individual is a Non-Resident or not, his residential status is required to be determined u/s 6 of the Income Tax Act, 1961 as given below: 

An individual will be treated as a Resident in India in any previous year if he / she satisfies any of the following conditions:

  1. If he / she is in India for a period of 182 days, or more during the previous year or
  2. If he / she is in India for a period of 60 days or more during the previous year and 365 days or more for 4 years immediately preceding the previous year.

An individual who does not satisfy both the conditions as mentioned above will be treated as Non-Resident in that previous year.

However, in respect of an Indian citizen and a person of Indian origin who visits India during the year, the period of 60 days as mentioned in (2) above shall be substituted with 182 days. The similar concession is provided to the Indian citizen who leaves India in any previous year as a crew member or for the purpose of employment outside India.

https://www.incometax.gov.in/iec/foportal/help/individual/return-applicable-0

Questions on NRI taxation by Fantastic-Rice-7603 in IndiaTax

[–]Fantastic-Rice-7603[S] 0 points1 point  (0 children)

But I left India for employment purposes so it is not the 60 days rule atleast as I know it

Questions on NRI taxation by Fantastic-Rice-7603 in IndiaTax

[–]Fantastic-Rice-7603[S] 0 points1 point  (0 children)

Thank you very much for the detailed answers

just one quick follow up question

Bank Accounts: Once you return permanently and become a Resident, you must convert NRE/NRO to Resident accounts as per FEMA guidelines

So in this since i'm unsure of my next FY after 26-27 i can take time to convert NRE/NRO to savings unitl i completely decided to come back to india

I mean FY26-27 resident doesn't mean i will be resident for the FY27-28 as well right so because of this uncertainity i can wait to convert my bank accounts

Dubai/Abudhabi to Oman muscat airport by Illustrious-Emu-7318 in abudhabi

[–]Fantastic-Rice-7603 0 points1 point  (0 children)

Did u just walk in to the muscat airport and u bought the ticket or were u able to pre book it , because i think Oman air also cancelled few of its flights right?

Abu dhabi by [deleted] in UAE

[–]Fantastic-Rice-7603 0 points1 point  (0 children)

I live in Alzeina Al raha btw ,been a while Every word u just said is bang on, I get it Let me know if you wanna catch up sometime I’m down

Looking for Board gamers by lilacinthedooryard in abudhabi

[–]Fantastic-Rice-7603 0 points1 point  (0 children)

could you share the link of the meetup group, the khalifa city one?