NRIs try to sidestep 'deemed residency' tax

Many wealthy Indians with businesses and jobs abroad are trying to get around the country’s new tax rule that targets the global income of its citizens.These individuals are booking a slice of their income in jurisdictions like Singapore and Hong Kong to pay a small tax
There in the hope that they would escape the glare of the Income Tax (I-T) department in India. Whether their aggressive strategy pays off would depend on how sternly tax officials interpret the law.