FAQs FOR NRI

Non-Resident Indians (NRIs) are having their presence across the Globe. They have their roots and connects in India.
NRIs are playing vital role in development phases of India. They are either unaware or having ignorance about various provisions of Income Tax Act,1961 or Foreign Exchange Management Act, 1999.This book covers various questions and answers about different aspects of the compliance part of the above acts. This book covers question answers relating to various topics like Types of Bank accounts for NRIs, Income tax applicability on various incomes earned by NRIs, Liberalised Remittance Scheme (LRS), Person of Indian origin (PIO), Overseas Citizen of India (OCI), Residential status calculation, Double Taxation Avoidance Agreement (DTAA). This book is very useful for NRIs who are having their assets / income in India or planning to moveout fund from India or to Invest in India or any other related issues. Author has tried to cover 360-degree coverage of various issues faced by the NRIs.