01 May 2016
I am NRI since 22 years in UAE and returning to India in Jun2016. Kindly clarify. 1. What is latest ruling on applicability of RNOR status. (2016 proposed budget). How log I can maintain RNOR status. 2. Is Foreign Income (Salary , Gratuity etc) is tax free during RNOR status? (I will receive three months salary + Gratuity in FY 2016-17. ) 3. For how long Interest income on NRE Fd & FCNR tax free.?. (Kindly provide reference of section no of I.Tax rules) Thanks Som Shrivastava
CAclubindia
