NRIs plan overseas travel to avoid getting taxed in India

Compiled by: Our Bureau

(Our Bureau, May 14) Overseas Indians stranded in the country due to the second wave of Covid-19 are now planning short trips to South Asian nations to avoid tax complications, ET Prime reports. On the list are Vietnam, Cambodia, Sri Lanka, Philippines and Laos, all of whom are still allowing travelers from India. Tax laws in India are defined by the residency status of an individual. As per the law, anyone staying in India for more than 182 days will be subject to taxes in the country.  Many NRIs have been stuck here as countries have restricted travel from India to curtail the spread of the virus. Tax experts opine that under such situation a short tour of 15-20 days to these destinations would help avoid domestic taxes.

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