Many Non-Resident Indians (NRIs) in UAE want to keep their earnings in India, though they may be earning in UAE. In case of an NRIs, only income accruing in India or received in India or deemed to accrue in India is taxable in India, unlike in the case of a resident, whose worldwide income is taxable in India.
At BIZCARE, we take care of the confusion & difficulties faced by Non Resident Indians in UAE in connection with their earnings, investments, properties and business interests in India, as they are not well conversant with Indian Laws and procedures. Our team of professional experts provides a comprehensive solution with efficiency and personal interest at a reasonable cost.
Determination of Residential Status:
To determine the residential status of an individual in a particular year, we must understand what the basic conditions are and what the additional conditions are.
- He is in India in the previous year for a period or periods amounting in all to 182 days or more.
- He is in India for a period or periods amounting in all to 365 days or more during the four years immediately preceding the previous year and is in India for a period and periods amounting in all to 60 days or more in the previous year.
Note: In the case of Indian citizen who leaves India during the previous year for the purpose of employment or Indian citizen who leaves India as a member of the crew of an Indian ship or an Indian citizen or a person of Indian Origin who comes to India on a visit during the previous year, the basic condition no 2 is non-functional and their test of residency is restricted to first condition only. A person is said to be a person of Indian origin if either he or either of his parents or any of his grandparents were born in undivided India.