Moving back to India after years abroad is a significant transition, both financially and personally. In addition to lifestyle changes, it is important to reassess your financial and tax responsibilities.One of the key things to figure out is your tax status, as it determines what part of your income is taxable in India. According to the Income Tax Act, 1961, NRIs are taxed … [Read more...]
India
From the Indian Ocean to the magnificent peaks of Himalayas, the massive South Asian country of India has a history that dates back to 5 millennia. India is known for its breathtaking terrain that's covered in icy peaks on the northern side and sun-drenched beaches towards the south. India is also known for its ancient temples, monuments, and fortresses.
From the delicious vegetarian thali to deliciously spiced meat and thousands of varieties of sweets the food in India is glorious. The artistic heritage, ancient traditions, glorious landscapes and a wide variety of food that causes you to crave for more this nation is known for its remarkable diversity.
If you wish to visit India as a tourist or to visit your friends and relatives you require a tourist visa which is valid for a period of 30 days. The India Tourist Visa on Arrival (TVoA) allows travelers from 43 counties to visit India as a tourist, for a medical treatment, for a business visit or to meet loved ones.
To obtain this visa you need a valid passport, proof showing that you have enough money to cover your expenses in India, flight tickets, enough proof showing that you don't intend to work during your stay in India, that you intend to leave the country before your visa expires, and that you are willing to keep the laws of this country.
Beyond The US -5 Countries Offering Work Visas For Indians
It's time to think beyond the USA. Here are 5 countries offering work visas for Indians.One of the biggest challenges for Indians seeking career opportunities abroad is getting a work visa. With some countries having strict rules and the United States of America’s recent hike in H-1B visa fee, many Indians are now turning towards countries that offer easier visa … [Read more...]
Visa-Free India Explained – Impact on Tourism, Economy, and Global Ties
Can a visa-free India boost the country’s economy? Well, tourism is one of the most important and beneficial sectors for any country’s economy. It brings in money, creates jobs, promotes culture and builds international connections. For a country like India, with its rich history, diverse landscapes and vibrant culture, tourism holds huge potential.In the past few years, … [Read more...]
Residential Status in Taxation – ROR vs RNOR: Complete Guide with Rules & Examples
Returning to India after living overseas for many years can be exciting, but it also comes with its own set of challenges. In addition to personal adjustments, it is important to understand your residential status to plan your finances.One key area that often gets overlooked is taxation. When it comes to how your income is taxed, you will often come across two terms: ROR … [Read more...]
Checklist For Returning Indian NRI -What to Do Before Moving Back
Are you a Non-Resident Indian (NRI) moving back to the country after living abroad for many years? Whether you are returning for family, work, or retirement, it is essential to plan taxes, finances, and regulatory matters.India’s tax rules for returning NRIs are different from those for regular residents. Here is a checklist of key things Non-Resident Indian (NRIs) should … [Read more...]
