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Exemption for NRIs returning to India

Tags : Exemption for NRIs, ax, nri, nri india, nris, indian nri, nri in india, nri investment, non resident indian
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About "Exemption for NRIs returning to India" topic:

When an NRI or PIO returns to India for permanent residence, he enjoys the following exemption from wealth tax for seven years after return to India like the money and the value of assets brought by him, Value of the assets acquired by him out of such money within one year immediately preceding the date of his return, and basic exemption of Rs. 15 lakhs is also applicable. So let us discuss on this topic.

1 debates , 1 question on topic: "Exemption for NRIs returning to India"
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Yes 
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 No
Anagha Thakur  |  Argues in support of  "Yes"  |  2 years ago
Of course this is possible. When so many new courts with 3 shifts with will be working with settling identical cases together, more and more cases will get resolved in less and less amount of time. By replacing record books with laptops to...
Suvrajit Gangopadhyay  |  Argues in support of  "No"  |  2 years ago
The deceleration of the Law minister seems to be really audacious but i don't think this has an immediate possibility. In our country we are too used to the idea of late justice. We just believe in the practice of "chalta hai". After all the...
Charles davison  |  Argues in support of  "Yes"  |  2 years ago
I think it is posiible but rather than day and night shifts and laptops we need to look at the loopholes in the law and plug it to make the system better thereby law and justice can be processed without unnecessary delays arising by bails ,bad...
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What to you is the major obstacle that Non-Resident Indians face which comes in their way of returning to their own country? Conflict with Pay Grade-India vs abroad 'Std of Living/Quality of Life' ab...
George Varghese  |  Answered  |  1 year ago
The major obstacles for NRIs on returning India are 1, corruption in Indian Bureaucracy, Political interference, labour unions who demands wages without working, Bandhs and hartals. After a big gap from the country living abroad, It is very hard...
 
 
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