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Citizenship based taxation for OCIs and Indian citizens

Islander216

Champion Member
Nov 27, 2019
2,110
1,338
Hey, sorry if this is a bit off topic, but there are some people saying India has implemented citizenship based taxation starting April 1 2020.

Can someone confirm this? I haven't seen much online about it. Also if this is true, does it apply to OCIs as well?

Just wondering for future tax planning purposes.
 

deadbird

Hero Member
Jan 9, 2016
648
193
Sounds like fake news. Don't worry about it, unless, do you have multiple concrete references?
 

Islander216

Champion Member
Nov 27, 2019
2,110
1,338
I haven't seen any official news source, just an isolated article, and a video on youtube.

So i have my doubts it's true as well, but i thought maybe someone has more concrete information on it.