Residential Status Calculator

Taxability of income depends upon the residential status of a person. NRI’s pay tax only on the income earned or accrued in India and not on the foreign income. Whereas for an Indian resident, the global income will also be taxable.

Use our Residential Status Calculator which automatically determines whether you are a Resident, Non-Resident (NRI), Ordinarily Indian Resident (ROR), Resident but Not Ordinarily Resident (RNOR). 

Residential status calculator

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What is Residential Status?

Taxability of income depends upon your residential status. If you are an NRI then only the income earned or accrued in India will be taxable for you, not the foreign income. Whereas if you are a resident of Indian then your global income will also be taxable.

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What is the Residential Status Calculator?

Our Residential Status Calculator automatically determines whether you are a Resident, Non-Resident (NRI), Ordinarily Indian Resident (ROR), Resident but Not Ordinarily Resident (RNOR).

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How to Determine Residential Status of Individual?

As per section 6 of the Income-Tax Act, an individual is said to be non-resident (NRI) in India if he is not a resident in India and an individual is deemed to be resident in India in any previous year if he satisfies any of the following conditions:

  1. If he is in India for a period of 182 days or more during the previous year;

  or

  1. If he is in India for a period of 60 days or more during the previous year and 365 days or more during 4 years immediately preceding the previous year.
ICI HSN 1
ICI HSN 2

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What are the Exceptions to Residential Status?

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How to Determine Resident Not Ordinarily Resident Status?

If an individual qualifies as a resident, the next step is to determine if the individual is a Resident ordinarily resident (ROR) or an RNOR. An individual will be a ROR if both of the following conditions are met:

  1. Has been a resident of India in at least 2 out of 10 years immediate previous years and
  2. Has stayed in India for at least 730 days in 7 immediate preceding years

However, if any individual fails to satisfy even one of the above conditions, he would be an RNOR.

From FY 2020-21, a citizen of India or a person of Indian origin who leaves India for employment abroad during the year will be a resident and ordinarily resident if he stays in India for an aggregate period of 182 days or more. However, this condition will apply only if his total income (other than foreign sources) exceeds Rs 15 lakh.

Also, a citizen of India who is deemed to be a resident in India (w.e.f FY 2020-21) will be a resident and ordinarily resident in India.

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How to determine that an Individual is NRI?

‘Non-resident Indian’ is an individual who is a citizen of India or a person of Indian origin and who is not a resident of India. However, if none of the above conditions is satisfied, the individual is said to be a Non-Resident Indian (NRI).

Disclaimer:
The Result of your search for Name availability is based on a preliminary check conducted by our system, However, the name proposed by you for Proposed Company/LLP is still subject to a more comprehensive check at Central Registration Centre (CRC). Before applying for a name, it is advisable to conduct your own Name and Trade Mark search. Read Terms Of Use terms of use

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