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  • News From Press As an NRI, your India-sourced income will be taxed in India

    As an NRI, your India-sourced income will be taxed in India

    Source: Mint Mar 28, 2017

    I am an NRI and was living in Kenya for the last 11 years. Since November 2016 I have been living in India. In December 2016 I also got a job here, in the diamond polishing business, which pays me a fixed salary of about Rs1 lakh per month. Depending on external factors, I may or may not go back to Kenya. Please tell me how I should file my taxes for 2016-17? Do I still qualify as an NRI?

    —Jignesh Bhatt

    Residential status in India is determined based on your physical presence in India in the current financial year (FY) (1 April to 31 March) and the preceding 10 financial years .

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