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Explainer: Budget 2020's tax proposals on NRIs — the changes, who is affected and how

Updated : February 02, 2020 05:29 PM IST

Currently, if an Indian or a person of Indian origin managed to stay in the country as a non-resident, he need not pay tax on income earned in other countries.
The government felt there was a loophole here that people were making the most of by dividing — managing — their time between India and overseas to avoid being categorised as tax residents of the country.
Explainer: Budget 2020's tax proposals on NRIs — the changes, who is affected and how

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