NRIs Returning to India: Understanding and Avoiding Common Tax Mistakes
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NRIs Returning to India: Understanding and Avoiding Common Tax Mistakes

Non-Resident Indians (NRIs) returning to India often face 'return shock' due to complex tax rules regarding residency, overseas income, and foreign assets. Common mistakes include misclassifying residential status. Experts recommend careful tracking of days spent in India, timely conversion of bank accounts, and proactive tax planning to avoid penalties and navigate these challenges effectively.

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