Bigger India
NRIs Giving up Indian Addresses to Escape Scrutiny by Tax Authorities
Many have found a ploy to escape the glare of the Indian authorities and avoid the trouble that follows.
In the past few years, hundreds of non-resident Indians (NRIs) have been either summoned or served notices by the Income Tax (I-T) Department and Enforcement Directorate (ED) — sparking fear and unease among many in the diaspora who were asked to explain assets and earnings for certain years.