Tuesday, March 2, 2021

Foreign Investors Forum for rationalisation of tax norms for foreign nationals living in India

Under the current Income Tax provisions, the global income of foreigners is taxed if they stay in India for more than 182 days in a year, thus increasing their personal tax liability in the country. This provision acts as disincentive for foreign nationals, having global income, to stay in India for longer periods.

from Economy-News-Economic Times https://ift.tt/2Oj5BVa

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