IP: 203.*.*.* Thailand

Insha Allaha, Please Post the web link along with news if possible.

IP: 122.*.*.* India

Assalamu alaikum dear reader our admin posted a news subjected to NRI. Admin can you explain me "am i a NRI"? Since i in india for more than the day you mention but i neither went abroad nor my earnings are not in abroad.before posting a news make sure it reaches our people in understandable format. News is not to fill the page but to convey the message. Ok can you explain me now who is a NRI?

IP: 122.*.*.* India

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.

IP: 122.*.*.* India

இந்திய வருமான வரி சட்டப்படி நடந்து முடிந்த ஆண்டில் 181 நாட்கள் அல்லது அதற்கு குறைவாக இந்தியாவில் இருந்தவர்கள் வெளிநாடுவாழ் இந்தியர் (NRI) என எடுத்துக்கொள்ளபடுவார்

still my doubt prolongs,is the foreigners who are from india or people who already in india, who is said to be NRI? give me clear explanation.if people as you said living in india with 181 days which means all indians are said to be NRI?

IP: 122.*.*.* India

All Indians will not be NRIs. Definition says - in the preceding year (meaning in the 365/366 days of the Financial year), had you stayed for less than 181 days in India (meaning - for the balance days, you had been out of India), you will be considered an NRI. I hope this clarifies.

This is the Comments page. If you need any further clarification, please use the Q&A section of Kayalpatnam.com - which has a Legal Board.

IP: 195.*.*.* United Arab Emirates

Salam,

Please note that the subject taxation is for indians under short term assignments(STA )not for who is employed out side India.

Refer to IE article from below link for further information.

http://www.indianexpress.com/news/taxation-for-employees-going-abroad-on-assignments/691232/0

Wasslam,

IP: 122.*.*.* India

News item - as indicated in the news itself - is for the Upcoming Assessment Year (2011-2012). It doesn't refer to Short Term Assignments only.

Check the following URLS for more clarity -

http://www.taxmann.com/BlogNewsDetails.aspx?Nid=171

http://www.scribd.com/doc/23534080/New-Direct-Tax-Code-FOR-2011

http://www.cainindia.org/news/10_2010/good_news_for_nris_in_new_tax_code.html

IP: 219.*.*.* Hong Kong

To : seyed noohu

I think you are truly an INDIAN CITIZEN, not NRI

To spin the head more, here we go

Non-resident is synonymous with "person resident outside India" i.e working abroad for indefinite period of time, like we do in Middle Eastern countries etc., AND AND he should not spend more than 181 days during his yearly vacation in India, in another word we can stay maximum 6 months in any given year.

Now that 6 months was reduced to 2 months i.e 59 days. And moral of the story is, IF you stay in India more than 2 months you are considred as resident of india , not as non-residents of India and so incoome Tax officer has right to storm our house

Courtesy : http://www.vakilno1.com/nri/taxation/definitions.htm

IP: 122.*.*.* India

Dear Mr.Noohu Thamby; I clearly understood who a NRI is.but just glimpse at admin's news, it never states a who a NRI is just to point this i posted the news.