DTAA-What are its benefits to Non Resident Indians?
DTAA’s full form is the Double Taxation Avoidance Agreement. Which is useful to non-resident Indians. The taxation for you will be different if you move from India to some other country. Most of the time, an NRI will have income in foreign countries and in India as well. But most countries will charge on the global income. As a result of this, you have to pay tax in both countries. To avoid a double tax burden, DTAA will help you in lowering your tax burden. NRI’s will be having different types of income in India like rental, Interest on Bank …