News From Press If tax status is no longer NRI, all your income is taxable in India

If tax status is no longer NRI, all your income is taxable in India

Source: Mint Oct 24, 2017

For tax purposes, I was an non-resident India (NRI) for 6 years (FY2009-10 to FY2014-15). Then, I spent most of the last 2 financial years in India. As a result, for tax purposes, I attained not ordinarily resident (NOR) status for two financial years (FY 2015-16 and FY2016-17) so there was no tax on my overseas salary.

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