see table). An Indian citizen or person of Indian origin who, being outside India comes on a visit to India, will qualify as NOR (not ordinarily resident) in India, if he/she spends more than 120 days and less than 182 days in India in the relevant financial year and has India- sourced income of more than ₹15 lakh in the relevant financial year.
A non-resident/NOR individual is taxable only on his/her India-sourced income, while a resident individual is taxable on his/her worldwide income in India.
This means that for resident individuals, in addition to the salary earned by them for the services rendered in India, they will also be taxable on their other sources of income such as rental income, interest income, capital gains, etc., which