Relief for NRIs and foreign visitors on residency status amid lockdown - Bhaskar Live

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Saturday, May 9, 2020

Relief for NRIs and foreign visitors on residency status amid lockdown

The Finance Ministry on Friday announced relief to those who have been facing difficulty with the status of their residency in India under the provisions of the Income Tax Act, due to lockdown and suspension of international flights.
Owing to outbreak of coronavirus (Covid-19), several NRIs and foreign visitors have been forced to prolong their stay in India. This has changed the status of their residency having implications on their taxability in India.

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