Income tax return

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 April 2012 My friend is pakistani residential , he want to come in india as he has problem their., can he come here & invest here ?
2) does he require any govt. permission from income tax & RBI to do same?
3) can he be taxed for capital getting with him which is taxed in pakistan?

25 April 2012 Follow this link to read the latest news -

https://indiatoday.intoday.in/story/pro-pakistan-people-of-indian-origin-will-not-get-citizenship/1/178198.html

Please also refer RBI guidelines through its official website. Certain restrictions on remittances are there in Pakistan also, so he should consult there for regarding bringing capital into India. A gist is being given here under which is mainly related with remittances from India-

https://www.iibf.org.in/documents/guide-lines-on-remittance-for-nri-pio-fi.pdf
.

03 May 2012 Follow the link as has been provided by the expert, it will work


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details