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Amitabh Akolkar |
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I'm an NRI based in UK. I came to UK in March 2001 and became UK citizen in 2007. I also have OCI (dual Indian citizenship) status.
I'm planning to return to Indian for good in May 2009. What'll be my tax status in India then, ie.e ROR, please?
I run a small limited company here. I'll be closing down that company and receive the capital gains. I'll pay the capital gain tax on that in UK or I may get exemption from UK govt on the basis of I'm leaving for abroad (i.e. India).
What will be my tax liability for year 2009-10 in India on that income if I wish to transfer that money to India please?
Also Do I need to inform any Indian authority about any matter when I return to India? Do I need fill up any special forms for tax return etc?
What type of bank account can I open in India?
Do you offer any of the above service for NRI returning home please? |
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