Dear Friends,
I have few question related to income tax on foreign Income.
I came to USA on March 9 2015 as part of my employment and I will be here till Oct 10 , 2015 and then will be back to ndia
1) As per these dates my period of stay in India for the year 2015 - 16 will be around 173 days. So I would be considerd as an NRI for this year . But, next month I am planning to come to India on leave for 2 weeks for some personal work. So, does this period of stay will also be counted for the 182 days NRI crediteria?
2) If I will be the resdient of India for the year 2015-16 , how is my IT gets computed. Is it only on the amount that I transferr from USA to India or my complete salary will be converted in to INR for tax computation?
Please help me on this.
Thanks in advance.
Gopi...