Angel One - Share Market Trading and Stock Broking
Skip to main content
Taxes

Non-resident alien

A non-resident individual, also known as a foreigner, is someone who does not reside in the country they are being taxed in and is not a citizen or national of that country. This individual may have to pay taxes in the country they are living and working in, but they are not considered a permanent resident. This distinction is important in the world of finance as it can affect an individual's tax obligations and financial planning strategies. Let's dive deeper into the concept of non-resident individuals and their impact on the world of finance.

Related terms

Final tax

Understand the meaning and definition of Final tax in the context of stock market, trading, and investments.

MORE
Conduit approach

Understand the meaning and definition of Conduit approach in the context of stock market, trading, and investments.

MORE
Pro rata rule

Understand the meaning and definition of Pro rata rule in the context of stock market, trading, and investments.

MORE
Exclusions

Understand the meaning and definition of Exclusions in the context of stock market, trading, and investments.

MORE
Tax burden

Understand the meaning and definition of Tax burden in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store