Read more on following articles published recently in the Economic Times .

• NRIs to be watchful of DTC Bill by Rohit Bothra

However, under the proposed DTC, any inbound individual (including NRIs/PIO) will become resident, if they are present in India for 60 days or more in the financial year and 365 days or more over a period of four years prior to the financial year and would be liable to pay taxes on their Global Income.

This change would have an adverse impact on the NRIs frequently visiting India either for personal or business visits, since, they now need to plan and check the duration of each of their visits in any year to avoid becoming resident.

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• NRIs face tax threat under DTC as published on September 04, 2010 by Deepshikha Sikarwar, ET Bureau

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• DTC Bill brings bad news for NRIs as published by PTI on September 08, 2010

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