Contact Us!

India latest offer on double-taxation relief to NRIs who overstayed because of pandemic

Dubai: The Indian government has agreed to provide relief from double taxation to Indians living abroad who had to stay in India beyond their tax exemption stay limit on account of disruptions caused by the COVID-19 pandemic.

India’s Central Board of Direct taxes (CBDT) received many representations requesting for relaxation in determination of residential status for the financial year 2020-21 from individuals who had come to India during 2019-20.

They intended to leave India again, but could not do so due to the suspension of international flights during the lockdown caused by the pandemic.

The CBDT asked any individual facing double taxation to furnish the information about their stay in India by March 31, “This form is to be submitted electronically to the Principal Chief Commissioner of Income-tax (International Taxation).”

How can we help?

If your business in the UAE is looking to understand more about the taxes in the country and conduct a tax audit for your company, then you can take the assistance of Alya Auditors– Chartered Accountants. Alya is a reputed name in the field of Auditing and Accounting and is also a certified firm in the UAE which will assess the needs and requirements of the company and accordingly provide a solution.

For any more details on the services provided by Alya Auditors -Chartered Accountants, feel free to Contact Us. We will be happy to help.

Source: Gulf News

Recent Posts

error: Content is protected !!