Investing and Taxation for NRI's Made Easy by Subhash Lakhotia
Taxation laws related to a Non-Resident Indian (NRI) can be intimidating and incomprehensible. They not only relate to income tax, but also to taxation on the NRI's wealth.An NRI usually faces many questions such as:
- How is NRI defined?
- I've gone abroad for employment, do I become an NRI?
- Is all my income taxable in India?
- What are the tax benefits available to me?
- How do I pay tax?
- What is the tax implication on investing in property in India? and so on.