How Can NRIs Prevent Double Taxation in India? | Mint Primer
Автор: Mint
Загружено: 2022-12-21
Просмотров: 17793
Описание:
Non-Resident Indians, or NRIs, who stay abroad for a minimum of 182 days in a year, are eligible to apply for tax exemption in their country of residence if they have already paid tax in India. To avoid double taxation, India has entered into Double Taxation Avoidance Agreements (DTAA) with several countries.
In other words, this means the NRIs can seek exemption for tax paid in India while filing the tax return in the other country to avoid paying tax twice.
First, let's get a grasp on how the DTAA prevents double taxation.
#nri #doubletaxation #finance #mint
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