The covid-19 crisis has pushed up unemployment rates across countries, hitting not only their own citizens but also the migrant population, including non-resident Indians (NRIs).
According to news reports, several NRIs are now planning to return to India either because they are facing job losses or because they want to be with their families in these uncertain times.
If you are an NRI and are considering returning to India, remember that it may not be that simple. Apart from lifestyle changes, you will also have to deal with changes in your financial life.
Here are four changes that you will need to make. There are certain tax breaks that you may enjoy as an NRI, but not as a resident Indian.