Couple OCI questions please

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vagg
Member since: Nov 06

Posts: 634
Location:
Post ID: #PID

Posted on: 19-11-14 15:38:12

I am thinking of applying for OCI but have couple questions:

1. Is now a good time to apply for OCI considering that PM Modi announced that OCI and PIO cards would be merged to introduce some new card? Should I wait to see what comes out of it.

2. As an OCI, does one need to file Income Tax Return in India every year?

Thank you for your responses.

dimple2001
Member since: Apr 04

Posts: 2873
Location: Western Hemisphere
Post ID: #PID

Posted on: 19-11-14 15:57:23

2. No, unless you live in India and is deemed a resident there.

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Dimple2001

vagg
Member since: Nov 06

Posts: 634
Location:
Post ID: #PID

Posted on: 20-11-14 15:29:46

Thank you dimple2001 for your response. That helps for sure.

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