People also ask
What is the residence status for overseas students in the UK?
The residence position of students who come to the UK is determined under the Statutory Residence Test just as for any other individual. We publish general guidance here . However, working out UK residence status can be hard for overseas students given their potential patterns of presence, so here we offer a detailed case study.
What are the tax implications of students working abroad?
Students often take some employment abroad to cover up their expenses, like teaching, research, etc. which may be taxable in that country as well as in India depending on the residential status as per Income tax act. So, that income needs to be shown in your Income-tax return.
What is the statutory residence test in the UK?
Where you need to understand your residence status in the UK, this is done using the Statutory Residence Test. You will also need to understand your residence status in your home country under the domestic law in that country.
What are the conditions for studying abroad as an NRI?
The below-mentioned conditions are not from the perspective of students studying abroad only, but in general, and applies to all NRIs. First of all, if you are an NRI as per FEMA you are not allowed to keep Savings bank account or Resident fixed deposits in the bank.