Business Standard

Trump era and return of the NRI: Tips for people shifting back to India

Determine tax residency status, pay taxes, get bank accounts re-designated and buy insurance covers

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Sanjay Kumar Singh New Delhi
With President Donald Trump ordering a review of the H1B visa programme in the US, there are widespread fears among Indians working in the IT sector there that they may have to return home. For those who have migrated to West Asia, too, obtaining citizenship is difficult, necessitating a return at the end of their work tenure. Whatever the reasons for returning, non-resident Indians (NRIs) need to plan the shift meticulously. Besides finding a job that does justice to their skills and getting their children admitted into the right schools and colleges, they also need to handle the financial aspects

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