Finance
Mr. BillionhairIndia's Budget: NRIs Get 5-Year Tax Break—Unbelievable!
Listen up, folks! In the 2026–27 Budget, India is making a huge move for NRIs—five years of zero taxes on foreign income! That's right, only Indian income gets taxed! Bring your skills, work hard, and keep that foreign cash safe! After five years? We’ll chat about taxes. Tremendous deal, folks! Nobody does it better than India!
few days ago | Sunainaa Chadha
Quick rundown
1.India offers tax breaks for NRIs working under specific schemes.
2.NRIs can enjoy a five-year exemption on foreign income.
3.The initiative aims to attract global talent to India.
4.Exemption applies only if the NRI was non-resident for five years prior.
5.After five years, normal tax rules apply to both Indian and foreign income.
