Speak now

Industry bodies are seeking that India taxes only the local income of foreign nationals or expats staying in India for extended periods for investing or monitoring large amounts of FDI or for bringing in technical and management expertise. NEW DELHI: Industry bodies including CII, FICCI, Assocham and US India Strategic Partnership Forum (USISPF) have sought exemption from personal tax for foreign domiciled individuals working or living in India but have not been citizens of India for at least three years...