Category: India Tax
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FIRE Strategy by US-based NRIs planning to Return to India – Tax/FEMA considerations
Hello, and welcome. This is Abhinav. And in this video, I’m covering some, tax considerations for people who are based in US, Indian expats based in US, and who, follow the fire strategy, financial independence retire early. So, basically, it’s a strategy where, a person wants to save and invest aggressively so that, he, you…
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How to calculate Residential Status for Tax Purposes in India
A person’s residential status as per the tax law of a particular jurisdiction has a huge impact on the taxability of income of a person in that jurisdiction. Many a times, I see past tax returns of my NRI clients where incorrect residential status is mentioned and a result, they get a tax notice as…
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Should I retain my US citizenship/ Green Card on Return to India?
For families who have stayed back in the USA for a considerable time and obtained a US citizenship (USC) or a green card (GC), and now returning back to India for a better career opportunity, or taking care of parents or with an intent to retire back in India, a top of the mind question…