Income Tax for NRI returning India?
I stayed two years 2006 to 2008 abroad. Planning to back in India in Sep/ Oct 2008 on job with a MNC. My questions are -
1. To maintaing NRI status for current FY, shall I wait being abroad till I complete 182 days (till Oct 5th'08) or if I come prior to that, will I have to pay tax on my (abroad) earning till Sep'08.
2. If I come India after 182 days, will my India income in the remainder of year (from oct'08 to Mar'08) will also be tax free??