Income Tax Residency Rules 2025: NRI Taxation Changes & New 120-Day Rule Explained!" 🚀🔍

Income Tax Residency Rules 2025: NRI Taxation Changes & New 120-Day Rule Explained!" 🚀🔍

The Income Tax Bill 2025 has redefined Indian Tax Residency Rules under Section 6, impacting NRIs, foreign income earners, and high-net-worth individuals (HNIs). In this video, CA Somil Singh explains: ✅ Who qualifies as an Indian Tax Resident under the new rules? ✅ What are the benefits of being an NRI? ✅ How people used loopholes to avoid taxes, and how the government is closing them? ✅ 120-day rule, ₹15 lakh income threshold, and ‘Deemed Residency’ provisions explained in simple terms. 🔔 Watch now to avoid tax surprises and plan your finances better!