r2i forum

ashMan, How dare you write such things? Don't you know all these vendors / big guys from Infosys, Wipro, Satyam, Cognizant etc... are great visionaries? Isn't it only because of their great foresight / excellent planning / huge investments we are in this situation today. It was part of a very well ...

Each person has his own special reason to R2I. The bullet points given by OP are all valid points, only thing is, the points apply to each person in different degree. Suppose someone is earning $100K per annum in 2007, as a Team Lead after about 8-10 years of work experience in US. Realistically ...

[quote=money_in_my_mind;20567]No matter what everybody says, if there were no well paying jobs in India, the % of people r2i'ing would be almost negligible just like it was before this IT boom.[/quote] This is the real reason behind all our R2I discussion. I am glad you mentioned it. No matter how ...

Lots of good points here. In addition I also think, an additional reason for this is the loss Congress party suffered in Punjab and Uttaranchal state elections. This made the party sit up and take a serious note of the inflation. As a result to contain inflation, RBI will reduce liquidity and/or ...

Another location not mentioned here is Raleigh (NC). The RTP area in/around Raleigh/Cary, I think is overall a decent location.

I have never lived there, but some people I know who live in Cary (NC), like the place a lot.

Any comments?

jt

[B]What are the tax implications for a US citizen post RNOR period,[/B] if one decides to go to India and stay for a long time without taking up a job??? Absolutely, no income from India whatsoever... I hear some people live in India and earn income based on day trading? Is it true? The scenario is ...

Bobus, Thanks for your time and effort. What I understand is : Irrespective of one's citizenship, one must pay capital gains tax to the Indian government, as the land is in India. (If short term, i.e. less than 3 years, then like a regular income;; if long term, 20% subject to possible duductions ...

hi, I tried to find answer to my question, but I am not able to come to any conclusion. So I am posting it here... I am in the process of finalizing a deal to buy land (near Belgaum, Karnataka) with the idea of exploring it for commercial activities 3-4 years down the line. This is subject to my R2I ...