Dear Friends, i would like to get answers for the below questions...
1 - An NRI who stays more than 120 days (as per new budget) will become resident in India , how will his global income be assessed ?
2- whether his NRE a/c balance treated as global income and to pay taxes ?
3- What is the tax calcualtion on seaman (merchant navy) and contract employees who normally stays more than 120 days ?