Becoming a non-resident: Essential checklist for income tax and FEMA compliance

Becoming a non-resident: Essential checklist for income tax and FEMA compliance

The status of being a non-resident in India is determined under two different laws: income tax laws and the Foreign Exchange Management Act (FEMA). The first law impacts the taxability of income earned in India and outside India. The second one regulates investments and banking transactions in India. In this article, we will discuss what … Read more