Who Should File Return of Income (ROI)?

An NRI will be liable to file Return of Income (ROI) only his/her taxable income in India in the relevant Financial Year that is from April to March, exceeds the basic exemption limit. But NRIs earning below the mentioned income will be liable to file returns in India, even if their total income is less than the basic exception limit.

- Income from Short Term Capital Gains on equity shares or units of equity oriented mutual fund.

- Income from Long Term Capital Gains, which are chargeable to tax.