Returning NRI

  • Determining residential status for tax and regulatory purposes and understanding the tax benefits on returning to India
  • Planning the time (date/month) of arrival in India to mitigate global tax exposures
  • Holding and operating of non-resident Banking accounts on return to India and taxability thereof
  • Holding/ disposing off foreign assets including immovable property and investments
  • Managing foreign sourced income and assets from an Indian regulatory standpoint
  • Retirement planning including managing retirement funds held abroad and taxability of social security benefits availed abroad
  • Filing of returns in India and abroad and claiming tax treaty benefits to avoid double taxation of income

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