Are You An NRI? Know The Taxable Income Of An NRI

A Non-Resident Indian (NRI) is a citizen of India who holds an Indian passport and has temporarily emigrated to another country for six months or more for employment, residence, education or any other purpose. NRI or not, every individual must file the tax return if their income exceeds the tax limit set by the Income Tax Department.

The IT department consider an individual to be a NRI; If he is in India for a period of 182 days or more during the previous year; or if he is in India for a period of 60 days or more during the previous year and 365 days or more during 4 years immediately preceding the previous year.

The earnings made abroad do not come under the Indian Tax Acts. If any income arise from within India an NRI is liable to pay taxes for that income.

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