one word answer on where to get the info is web....!!You need to go to respective country's tax department website. To answer your specific question, according to Indian rules, which I guess is similar to the Uk ones, if you have stayed in india for more than half of the year "You have to pay t...
Aali - I understand for PIS scheme one needs to have NRE / NRO account. If for banking purpose you are treated as resident then how can one continue to under PIS scheme. That means PIO is considered as resident for banking purpose and non-resident for stock investment purpose... [/quote] A bit of g...
basis, here are the answers. 1. taxes - you pay taxes in either country , courtsey the double taxation treaties between both countries. Where you pay it depends on where you spend most of your time in that purticular year. 2. PF & Pension in india- yes , you do contribute. remember, you are a RE...
Basis, so far so good. as imentioned in my earlier post, as long as you earn in india you are considered a resident for banking purpose, you can open normal bank accounts. on the PIS investment scheme, the guys have confirmed nothing need to be done, i can continue as it is. real estate- yes you can...
basis, i spoke to consultants as well as bankers themselves. The questions were a bit tough for them , because there is a bit of grey in there. Anyway the gist of it is, if you are working /living in india, you are considered to be a resident for all these purposes... Agree with lameness. Looks like...
hi all, been away from the board for a while. to answer basis' question, no, have not had any issue so far at all...though u mite find it difficult to get a loan for at leat 6 months, if you wish to take one for a car or something...most banks got a criterion that u should hv been living in india fo...
Basis, I guess you are right, it would be against the declaration if one takes citizenship and leave UK for good. The act is aginst the spirit of the whole thing. On the other hand, if a naturalised citizen leave the country for employment abroad, while rataining UK as his/her primary country of res...
I received my PIO card yesterday. That took 10 days from 04 oct to 14 oct....i'm off to india this weekend.... rogerroger, they mean the board of directors of the companies....The ceremony normally isan hour long , guess they are on the week days generally. The best bet is to call up the county couc...
Joseph, basis and others, Apologies, been busy haggling with my new employer and stuff...so could not access the board for a few days... Joseph, My naturalisation application took just 7 days for approval. I had gone thru Haringey, the 'no appointment' service, and the lady was very professional and...
I got my passport yesterday. Damn impressed with the speed..... I applied for my pass port on 22 sep and received it on 28 Sep! (I applied thru post office checking service) now for the litmus test...lets see how long a PIO card takes.... Any one got any idea how long it takes? Which office is bette...
Today is my ceremony! (Btw, the indian company is prepared to wait ...) Will do the ceremony this afternoon and plan to go straight to the post office and send off the application. (to make things easier, my countersignatory is my guest at the ceremony too, easy for signatures etc!!) Two tips that m...
As I understand IOC still has not strated rolling, they are making final changes..? Yes PIO card would let you work in india without restriction, except for board levels appointments which needs special permission. Mountaineering and research related works also have some restriction as I understand....
Grateful if the esteemed members of this forum could give me some idea on what to do about this peculiar situation. I have been living in the UK with family for the past 5 years. Recently we got our naturalisation approved and are awaiting the ceremony. But I have now also received a firm job offer ...
