• More NRIs may fall under the tax net if the Direct Taxes Code (DTC) Bill proposal to impose a levy on their global income if they stay in India for more than 60 days in a year is approved by Parliament.

Read more on the article as published by PTI in “SiliconIndia, India’s professional networking portal” on

Monday, 06 September 2010.

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• “Longer stay in India to increase NRIs’ tax liability” reports Shree Kuldip Kumar, ED, Tax and Regulatory Services, PricewaterhouseCoopers on October 12, 2010 in the “The Economic Times“.

It reports that …………

Non-resident Indians (NRIs) visiting India, will need to be more vigilant, post the DTC regime. Under DTC, if their stay in India exceeds 60 days during a year and 365 days for the past four tax years, then they may be considered as residents of India.

Currently, they become residents only when their stay exceeds 182 days.

Once they become a resident, they may have to pay tax on their global income , if their stay in India for the past seven tax years exceeds 729 days and if they are residents in two out of the past 10 tax years. In a nutshell, NRIs run the risk of triggering worldwide taxation soon if they spend a significant time in India.

• “NRIs need to be cautious, longer stay will increase tax liability” reports “F4F - forum4finance” on October 12, 2010.