कोशिश गोल्ड - मुक्त
NPS annuity tax rules for Indian expats
Mint Hyderabad
|February 04, 2025
I had applied to secure a Portugal Golden Visa with my children's education in mind. I was granted one recently and now live in Portugal, where I have my own business.
Since I'm still an Indian citizen, how will my National Pension System (NPS) annuity be taxed in India? Will it change if I apply for and obtain Portuguese citizenship in the future?
-Name withheld on request
You have not mentioned your period of stay, but assuming you have become a non-resident Indian and a resident of Portugal as you run a business there. I also assume that you do not spend more than the specified threshold period (120 days/182 days) on your visits to India, and therefore do not become a resident under Indian income tax law.
यह कहानी Mint Hyderabad के February 04, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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