Basic exemption to nri
Querist : Anonymous
CAN HE CLAIM THE BASIC EXEMPTION FOR TAX PURPOSE
HE DOESN'T HAVE ANY OTHER EXEMPTION EXCEPT INTEREST FROM SAVING BANK ACCOUNT
if the gain is short term , he can claim benefit of TAx slab,
In case its long term, the same will be taxed @ 20%
Querist : Anonymous
Querist : Anonymous
LIKE RENTAL INCOME AND OTHER SOURCES
Except the income which are taxed at special rate. NAd Long term capital gain is one of them
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