Non-residents will have to pay tax in India if transactions exceed ₹2 crore IANSMay 6, 2021, 17:03 IST Pixabay Non-residents undertaking transactions with Indian parties will trigger taxability under the domestic law in India even if they do not have physical presence in the country and operate digitised businesses. The Central Board of Direct Taxes has notified new rules for operation of business by non-residents under which any transaction over ₹2 crore (apex $27,100) in respect of any goods, services or property carried out by them with any person in India including provision of download of data or software in India, will attract tax in India.