Yesterday one of my colleagues here was talking to me about his house in India. As he is working in Singapore, he has actually rented out his apartment and is earning an income each month. He was not aware as to whether he needs to pay taxes on that income in India or was he exempt because he is an NRI. I was able to alleviate his fears and guide him on the appropriate steps but it struck me
An NRIs Guide to Rental Income in India
Yesterday one of my colleagues here was talking to me about his house in India. As he is working in Singapore, he has actually rented out his apartment and is earning an income each month. He was not aware as to whether he needs to pay taxes on that income in India or was he exempt because he is an NRI. I was able to alleviate his fears and guide him on the appropriate steps but it struck me