Regarding comment # 2 posted byAdministrator (Chennai)[20 October 2010] IP: 122.*.*.* India | Comment Reference Number: 581
Not sure which part of the news is unclear to you. English translation of the news item is as follows:
As per Income Tax Act rules, a person having stayed for 181 days or less in India in the preceding year, is defined to be a Non-Resident Indian (NRI). His income earned abroad will not be subjected to taxation.
From the Assessment Year 2011-2012, the 181 days limit is being reduced to 59 days. In addition, (he/she) must have also stayed for less than 365 days in India in the last 4 years.
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