Planning For Non Resident Indians

A guide to NRI's when they plan an investment in India.

In this book the renowned tax expert R N Lakhotia highlights the various tax exemptions, tax deductions and rebates for NRIs and describes how informed tax planning can protect the foreign income of NRIs from being taxed in India. The large number of tax planning suggestions and guidelines given in this book will help you make investments in India in such a manner that the income of your spouse, major children, major grand-children, etc. is not added to your income as a non-resident.

Over 25 million people of Indian origin, currently live abroad and a large majority of them continue to have close ties with India. The NRI Guide is a reference book to help non-resident Indians (NRI) understand some of the policies and procedures that they may have to deal with, because of their non-resident status in India. Foreign nationals of Indian origin as well as non-residents from India, whether they want to travel to India for social or business purposes, invest in India, buy or sell property, repatriate funds abroad or return to India permanently. They will find useful information in this book. Readers should find procedures explained in a simple format for the average reader to understand.