r2i forum

Hi Sacsharm: I too have similar questions. I too wonder whether a retirement account like 401 K is to be declared as foreign asset. In my mind it would be most unfair to treat 401K, IRA as foreign assets and treat any income from this to be taxable in India (as it is the returns in US are very low ...

Dear Anuj, thank you for taking time to reply to my queries. -PS

Hi All, I also have some questions regarding the income received from foreign banks/investments. (I am a USC/OCI with a "resident" status in India). Majority of my foreign income (95%) is in the form of dividends and 5% as bank interest. 1. My first question is how to report this income. 2. Second ...

This thread has been very informative ...Thanks to Anuj and Kulkama. However I still have questions regarding the income received from foreign banks/investments (I am a USC/OCI with a "resident" status in India). Majority of my foreign income (95%) is in the form of dividends and 5% as bank interest ...