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Resident Individual Meaning: Definition and Tax Implications in India

Resident Individual Meaning: Definition and Tax Implications in India

October 9, 2024 Category: Blog

Introduction Understanding the meaning of a resident individual in India is crucial, especially for tax obligations and eligibility for benefits. Residency status is determined by specific criteria set by the Indian Income Tax Act. These factors include physical presence and intent to stay or leave the country. In this blog, we will break down t

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