Tax deptt's residency circular no great help to NRIs
The circular offers relief to only those who may be subject to double taxation, but offers no help to people from countries with whom India does not have a DTAA or impacted by absence of short stay exemption
Dipak Mondal | March 5, 2021 | Updated 23:40 IST
The recent circular on residency status does not provide any relief to NRIs stranded in India due to COVID-19, feel experts. They say the circular is worded in such a way that it feels like the government is more worried that NRIs do not go tax-free in their home country as well as in India.