Returning to India from the UK? Capital gains and inheritance tax may still apply
Kort samengevat
Non-resident Indians should note that leaving the UK doesn't automatically terminate tax residency. Retaining connections might keep your tax status intact even after relocating. Income and capital gains sourced from the UK could still be liable for UK tax post-departure. Additionally, Indian tax residents are required to report foreign assets and income. Seeking professional advice is essential for a smooth financial adjustment when returning to India.
Verder lezen bij de bron
Bekijk het volledige nieuwsbericht rechtstreeks bij The Economic Times.
Lees het volledige bericht ↗