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Yes, an eligible OCI cardholder is required to pay income tax in India on the income generated in the country. Those OCI cardholders who have taxable income in India are required to file their Income Tax Return also known as ITR. One can file an ITR online. Your length of stay in India helps in identifying your residential status and it helps determine if you are eligible to pay tax in India for the given fiscal year or not.
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What happens if I do not pay my taxes to the government of India regularly and take all, the business profits with me or not filing an ITR annually?
As I work in India and as an OCI card holder always file ITR because my annual income exceeds ₹3 lakh** as per the new tax regime announced by the government of India.
As I live and work in India as an OCI card holder, I always pay my taxes regularly and with honesty, all the profit and work I have done in India.
I have my OCI card by which I buy residential and commercial properties and by these properties, I generate a good amount of profit, and as a good citizen, I pay my tax to the government of India regularly.
Yes, OCI cardholders can start a business in India. The OCI cardholder can start a business without the need to apply for a work permit. They can register with a...
No, there is no limit on how long OCI cardholders can stay in India continuously. An OCI cardholder can enter and exit India multiple times for any purpose and can...
You can get an OCI in India for US kids by applying online on the Indian Government’s OCI portal. You can fill out the application form, follow the procedures, and...
To convert a PIO card to an OCI card you can apply online at the OCI services website. You have to submit the application form, supporting documents, and the fee...
You can track the status of your OCI card application by visiting the official website of OCI> Click on “Status inquiry” and enter your current passport number along with the...
OCI is no longer a citizen of India but has Indian origin and is eligible to apply for an OCI card. He/she is also not an NRI. An OCI card...
Yes, an OCI card is a beneficial lifetime visa for India. It means it allows the OCI cardholder to enter and exit India without the need for a visa throughout...
Your evisa will not permit you to stay for more than 180 days. Your exit from India will be denied unless you obtain an exit permit from the FRRO, and...
I have a PIO card that expired in 2015. I want to apply for an OCI card and was wondering if I need to use one of the "in lieu...
I was planning to apply for an OCI card through the Indian Embassy in Houston, Texas. Is anyone aware of the application process? I noticed on the Houston Indian Embassy...
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