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Income tax

Tax Changes for NRIs: 15 Lakh Earners to Be Treated as Residents

New tax laws that impact NRIs have been adopted by the Indian government. An NRI may be considered a "Resident" for tax reasons if they make more than Rs. 15 lakh in India and do not pay taxes outside. The purpose of this modification is to guarantee equitable contributions and stop tax evasion. The blog examines its ramifications, tax obligations, and methods for preventing needless taxes.