Vipul wrote:To all US Citizen Rakshak's who have gone the R2I route, Can you please share your experiences of filing the US Tax returns from India.How does the Double Taxation avoidance thingie work?? Especially when the Indian tax returns are for the April-March timeframe and the US are for Jan-Dec.I am confused thinking about it and would like to hear how its is done/accomplished.
I may also R2I in end of 2011. May or may not run back to massaland depending on how it all turns out in India.
I have some 30K in 401K. I am not sure on what to do with that. Leave it alone or withdraw and remit to India?
How to handle all this...I have no idea.
I am also exploring ideas on going 'independent' in India. I have good contacts and can get into consulting gigs (Oracle Applications) and work remote from India...maybe travel once to client site to gather requirements. I can design and build remote. How feasible it is with Indian Income tax laws etc?
Has anybody done such a thing here