Income Tax Rules For Oci Card Holders 2024 Nfl. Overseas citizens of india (oci), or foreign citizens and who are residents of india for more than 182 days have to pay tax and file income tax return in india. Please clarify on the below relating to filing the income tax return in india by an indian resident with us passport now (earlier indian citizen) and oci card :

In case of sale of property by nri, it is mandatory for buyer to deduct 20.66% tds on the sale price of the property if capital gain is long term. It helps maintain a clear record with the indian tax.