Technical - Residency Rules of India

Question

Accepted Answer

Residency rules in India determine the tax liability of an individual based on their stay in India.

An individual is considered a resident if they have stayed in India for 182 days or more in a financial year.
If an individual has stayed in India for less than 182 days, they are considered a non-resident.
If an individual is a resident for two out of the past ten financial years and has stayed in India for 60 days or more in the current financial year, they are considered a resident but not ordinarily resident.
A resident but not ordinarily resident is taxed only on income earned or received in India.
An individual who does not meet any of the above criteria is considered a non-resident Indian (NRI) and is taxed differently.

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