NRIs returning to India: 6 tax mistakes that can haunt you years later & how to avoid them

Returning Indians face significant tax challenges, often experiencing 'return shock' due to complex rules on residency, overseas income, and foreign assets. Misclassifying residential status is a common, costly error. Experts advise meticulous day-count tracking, prompt account conversions, and proactive planning to navigate these complexities and avoid penalties.