Resident but Not Ordinarily Resident (RNOR) status provides great tax advantages to people who come back to India. We assist you to assess whether you are eligible, plan how you will live, and organize your income to pay the least amount of taxes in the transition period.
Our services involve residency analysis, foreign income assessment, tax planning and compliance advisory. We make sure that you are optimally benefiting with RNOR status and also comply well with the Indian tax laws.
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RNOR (Resident but Not Ordinarily Resident): This special tax status of returning NRIs provides some tax benefits.
People that have been away in a foreign country and come back to India after a certain time can be eligible.
In general, foreign income is not subject to tax in India, except the income derived out of a business that is controlled in India.
It can only be obtained on a temporary basis depending on the conditions of residence.