A person resident outside India (PROI) has distinct residential statuses under FEMA and the Income Tax Act, impacting foreign ...

This article explains how residential status governs whether global income or only Indian income is taxable. It clarifies the classification rules for individuals and companies under Indian tax ...

Indian tax liability for NRIs depends on residential status, not citizenship. The key takeaway is that only India-sourced income is taxable for ...

Under the income tax laws, a person's income is taxed based on their residential status and the source country of the income ...

Returning NRIs routinely misread their residential status, over- or under-report foreign income, and miss compliance deadlines—mistakes that can trigger penalties years later After years abroad, many ...

Mumbai : The Mumbai Income-tax Appellate Tribunal (ITAT) has ruled in favour of an individual who claimed his tax residential ...