Wealthy & Wise: Create Wealth With Wisdom
Wealthy & Wise: Create Wealth With Wisdom
Dheeraj Kumar
Is IT Return Filing Mandatory for NRIs
7 minutes Posted Dec 13, 2020 at 12:42 pm.
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Every non-resident Indian earning taxable income from India is under an obligation to file income tax return in India. But it must be remembered that income earned abroad is not taxable in India. NRIs have to pay tax in India only on the income earned and accrued in India, such as capital gains from shares, mutual funds, term deposits, property rentals, etc.  What are the rules, this podcast will tell you in little detail.