Tax implications for an NRI

Question: I have been staying in Brussels for work since 1st April 2017 and will be travelling to India on 11th November 2018, I will be travelling back to Hungary for work by 31st January 2019. I need to know if i will be considered NRI or Resident for tax purpose for current financial year?

Answer(s)

Raju Kanumuri: Your taxability in India depends on what your NRI status is for the current financial year. Any Indian citizen who leaves the country for a job or to serve as crew in an Indian ship for more than 182 days (6 months) in a year is considered an NRI for tax purposes. For example, if you have been sent on a short-term project abroad and you have been earning in foreign currency, then it is taxable in India provided you’ve lived in India for more than six months that year. So being clear about your NRI status for the year is the most important first step to filing your tax returns in India. For further more information you can follow the link https://www.videshi.com/nri-information/income-tax-rules-for-nris

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