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You will become a resident if you stay in India for 182 days or more during a financial year. You may also qualify for the RNOR status for up to three years, providing you with several transitional tax benefits.
During the RNOR phase, most overseas income, including UK earnings, remains exempt from tax in India. Your global income will be taxed once you become an ordinary resident.
The DTAA tax treaty helps prevent double taxation. Also, taxes paid in the UK can be claimed as a credit against your Indian tax liability on the same income.
Your NRE and FCNR accounts must be converted to resident accounts upon return. However, FCNR deposits can be retained until maturity.
You need to update your PAN and Aadhaar details in accordance with your new resident address and link them as mandated by Indian law.
Yes, in the transition year, you must file returns in both nations and report global assets as well as income in the Indian ITR (Schedule FA).
Gains received on UK property or investments may be subject to taxation in both nations. However, you can claim a foreign tax credit under the DTAA.
You must inform all Indian banks and financial entities within 30-90 days of your residential status change and update your KYC accordingly.
By Varun Gupta |Last Updated: November 5, 2025
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