"India has witnessed significant movement of individuals across the globe, which leads to tax incidence in their new country of residence besides the tax obligations arising from the sources of income or investments in India. With the end of the current financial year (31 March) in India, it is a good idea for non-resident Indians (NRIs) to review their financial interests in India and ensure that they are tax compliant."

Vikas Vasal
Partner, Grant Thornton India LLP

This article appeared in Live Mint on 08th March, 2019.