|
NRI
Taxation
|
| 1 |
Who
is Non-Resident |
| 2 |
Taxability
of Non-residents in India |
| 3 |
General and special rates of tax |
| |
1. GENERAL
RATES |
| |
2. Tax
on dividends, royalty and technical service fees
in the case of foreign companies. |
| |
3. Tax
on income from units purchased in foreign
currency or capital gains arising from their
transfer. |
| |
4. Tax
on income from bonds or Global Depository
Receipts purchased in foreign currency or
capital gains arising from their transfer. |
| |
5. Tax
on income from Global depository receipts
purchased in foreign currency or capital gains
arising from their transfer. |
| |
6. Tax
on income of Foreign Institutional Investors
from securities or capital gains arising from
their transfer. |
| |
7. Tax
on non-resident sportsmen or sports
associations. |
| |
8. Tax
on income from units of an open-ended equity
oriented fund of the Unit Trust of India or of
Mutual Funds. |
| 4 |
Special Provisions for Non-Resident Indian |
| |
1. Tax
on investment income and long-term capital
gains. |
| |
2. Capital
gains on transfer of foreign exchange assets not
to be charged in certain cases. |
| |
3. Special
provision for computation of total income of
non-residents. |
| |
4. Definitions. |
| |
5. Return
of income not to be filed in certain cases. |
| |
6. Benefit
under Chapter to be available in certain cases
even after the assessee becomes resident. |
| |
7. Chapter
not to apply if the assessee so chooses. |
| 5 |
Special
provision for computing profits and gains of the
business of operation of aircraft in the case of
non-residents. |
| 6 |
Special
provision for computing income by way of
royalties, etc., in case of non-residents. |
| 7 |
Special
provision for computing profits and gains of
shipping business in the case of non-residents. |
| 8 |
Shipping
business of non-residents. |
| 9 |
Deduction
of head office expenditure in the case of
non-residents. |
| 10 |
Computation
of income from international transaction having
regard to arm’s length price. |
| 11 |
Transactions
not regarded as transfer. |
| 12 |
Incomes
not included in total income |
| 13 |
Avoidance
of income-tax by transactions resulting in
transfer of income to non-residents. |
| 14 |
Avoidance
of tax by certain transactions in securities. |
| 15 |
Overriding
effect of tax treaties |
| 16 |
Relief
from Double Taxation where no treaty exists. |
| 17 |
Recovery
of tax in respect of non-resident from his
assets. |
| 18 |
Provisions
under Income-tax Act |
