R2I - In India since 2003

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dps28
Posts: 2
Joined: Thu Mar 03, 2011 11:27 pm

R2I - In India since 2003

Post by dps28 »

Hi, I've been back to India since 2003 for study basis. Being a Canadian Citizen and also an OCI, i have couple of doubts.

1. Since I came back to India about 8 years, i studied for 5 years. Got OCI inbetween. Do i still need to file tax returns in Canada? (my dad has been doing that in Canada for all those years till now).

2. I'm looking forward to a good job in India. The employer is in US but the business mainly would be done in India. So the income would be generated from India. Do i pay taxes to India or Canada?

3. Do i need to give up Canadian Citizenship and become Indian Citizen so as to secure myself because i don't plan to return to Canada in future. But i definitely don't want to give up my Canadian Passport also.

Please let me know your suggestions and opinions.

Thanks!
Dps28
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