Checklist when leaving India — release FRRO, organize bankbook, PAN, EPF, international transport of moving items, and pay taxes in full.

Preparing to return to IndiaIn theory, one month may seem enough, but in reality, it takes at least 3 months, and at least 6 months.It's safer to start early. Here's why:

• Financial year and tax filing deadlines are out of sync.India's fiscal year runs from April 1 to March 31 of the following year, and the normal deadline for personal income tax return (ITR) is around July 31 after the end of the fiscal year (subject to change by year, check official site). Depending on the time of departure, the period of income subject to reporting and the documents required will vary.
• e-FRRO processing and response times from various government offices are difficult to predict.If there is a request to supplement documents, it will extend from several days to several weeks.
• Sea moving (LCL/FCL) takes 6-10 weeks from booking to port clearance.There is a delay in securing containers during the peak season (May-August, December).
• The notice period for a rental contract is usually 2 to 3 months.no see. Late notification will result in a disadvantage in settling the Security Deposit.

Homecoming D-Day Calculation Checklist

If you are dispatched to a company, more than half of the above items will be handled by the human resources team, local CA (Certified Public Accountant), and moving company. butFinancial and tax information generated in your name must ultimately be confirmed and signed by you., Even if you are an agent, be sure to bring a copy of the original document.

This is something that many people misunderstand.If you leave the country within the validity period of your Employment Visa, you do not need a separate Exit Permit.Normal departure is possible with a valid visa and passport. The main cases where a separate Exit Permit is required are as follows:

• In case of overstaying beyond the visa validity period— You must apply for an Exit Permit on the e-FRRO portal (indianfrro.gov.in), and a penalty will be imposed depending on the reason and period.
• If the visa type has changed or special conditions apply— If there has been a change in status, for example switching from a student visa to a work visa, a jurisdictional FRRO check is required.
• If you lose your passport and leave the country with a new passport— Since the new passport does not have an Indian entry stamp, you must obtain a background check and Exit Permit from e-FRRO.

If you think you will not be able to leave the country before your visa expires

inevitablyIf your departure is delayed after your visa expires, you must apply for a visa extension or Exit Permit in advance at e-FRRO before expiration.You must proceed. If you exceed the limit by even a day, you will be subject to fines and penalties, and this may affect your review upon re-entry in the future.

Manage original passport, visa, FRRO registration certificate

About 5 years after returning to work, you will need to re-open India-related documents (tax correction, EPF follow-up claim, child academic records, etc.).Copy of passport, visa page, FRRO registration certificate, scanned copy of e-FRRO application numberStore it in the cloud and organize the original as a separate file. FRRO Basic procedures for registration and renewalChecklist for your first 30 days in IndiaIt is also organized in .

This is the easiest item to miss and the most dangerous. If you have earned earned income in IndiaObligation to report and pay income tax to Indian tax authoritiesIf you meet the 'Resident' requirement under Indian tax law, you may be subject to reporting even income earned outside of India.

Tax items to sort out before leaving the country

1. Filing ITR (Individual Income Tax Return)— The deadline is usually around July 31st after the end of the fiscal year (April to March of the following year).Changes by year and situationTherefore, please check the notice from the Income Tax Department of India (incometax.gov.in).
2. Secure Form 16— This is a withholding tax statement issued by the company and is the basic material for preparing the ITR.
3. Summary of other income such as bank interest, term deposit interest, stock dividends, etc.— Collect all TDS (withholding tax) certificates (Form 16A) issued by the bank.
4. Check for Section 230 Tax Clearance Certificate— Section 230 of the Indian Income Tax Act requires a person who comes to India for business, occupation or employment without domicile in India to obtain an ITCC/Tax Clearance Certificate prior to departure if required by the competent tax authority.Not all foreigners are automatically required and it varies on a case-by-case basis, so be sure to check with the company's finance team or an Indian CA (Certified Public Accountant) in advance.do.
5. Comparison of Korean comprehensive income tax return— After returning to Korea, you may also be required to report to Korean tax authorities.Korea-India Double Taxation Avoidance Agreement (DTAA)As a result of this agreement, relief measures such as tax deductions exist, but actual application varies greatly from person to person, so consultation with a Korean tax expert is required.

Receipts and statements are stored for 5 years as standard.

Requests for post-facto corrections and explanations from tax authorities may come even years later. Form 16·16A, ITR receipt, tax payment challan, bank statement, rent payment details, etc.Archived as PDF for over 5 yearsI recommend doing this.

You can organize your finances only after you file your tax return. This is because the process of sending account balance overseas is blocked without confirmation of full tax payment.

1) Bank account — Three branches: balance remittance, account maintenance, and closure

• Send balance to KoreaTo do it normallyForm 15CA (Self-report)Wow, if it is over a certain amountForm 15CB (Certified Public Accountant CA issued certificate)is required. As the amount standard may changePre-confirmation with your bankdo.
• maintain an accountIf you want to do itConvert to NRO(Non-Resident Ordinary) or NRE(Non-Resident External) accountdo. It is useful as an account to receive residual income from India (rent recovery, tax refund, etc.).
• completely cleaned upIf so, submit an Account Closure application to the bank. Checkbooks and debit cards are also returned.

2) PAN card — do not return it

PAN (Permanent Account Number) is not subject to return. If there is a possibility of generating income or conducting financial transactions in India again in the future, it is right to keep it. Please scan the actual card and PAN number.

3) Aadhaar — The card is kept, there is no provision for returning the card.

Since foreigners' Aadhaar is linked to the visa validity period, there is no separate return process. Keep the card as is and check its validity status upon re-entry according to UIDAI (uidai.gov.in) notice.

4) EPF·Gratuity — Utilizing the Korea-India Social Security Agreement

In principle, foreigners who worked in IndiaObligation to join EPF (Employees' Provident Fund)It is classified as an 'International Worker'. Korea and IndiaSocial Security Agreement (SSA)As it is a signatory country, Korean national workers are eligible for EPF according to the agreement.Withdrawal or transfer to Korea National Pension ServiceThis is possible. However, conditions and required documents vary depending on length of service, visa type, and yearly regulations.Be sure to follow the latest regulations of EPFO ​​(epfindia.gov.in) and advice from company HR/CA.do.

If you have worked for more than 5 yearsGratuity (severance pay)Subject to billing. In most cases, the company automatically settles the transaction, but be sure to receive and keep the settlement statement and proof of payment completion.

Moving luggage is an item on the roadmap 3 to 6 months before departure. If you delay quotation and company selection, you will not be able to meet your desired schedule.

1) Air vs. Sea – What and how to divide it

2) 3 things to check when quoting a company

• Door-to-Door vs Port-to-PortWhether port customs clearance and domestic delivery are included
• Insurance coverage— Damage/loss compensation conditions and deductible based on declared value
• Handover process— Copy of packing list, container number (FCL), expected ETA, Korean local partner information

3) Items whose export from India is restricted or prohibited

• Antiquities and Art Treasures Act— NormalArtifacts over 100 years oldrequires permission for export from the Archaeological Survey of India (ASI: asi.nic.in). If you are unsure, be sure to inquire in advance.
• Wild animals, flora and fauna specimens— Bones, teeth, leather, certain wood, plant seeds, etc. may be subject to CITES and the Wildlife Protection Act and are therefore prohibited or subject to permission for export.
• Bulk cash and precious metals— The export of Indian currency (INR) has different regulations depending on nationality and amount. Check the latest guidelines from Indian Customs (cbic.gov.in) and Reserve Bank of India (rbi.org.in).
• controlled substance— Prescription drugs from Indian pharmacies that require a prescription may be restricted from being taken out except for personal use in small quantities.

4) Korean customs clearance – mover qualifications and tariff reduction

The Korean Customs Service provides information on immigrants who meet certain requirements.Tariff reduction system for moving goodsoperates. NormalPersonal and household items actually used by immigrants who lived abroad for a certain period of timeTariff reduction is applied toSpecific requirements and application documents are based on notification from the Korea Customs Service (customs.go.kr)Get ready. Separate regulations apply to new products, over-quantity items, automobiles, alcohol, cigarettes, and valuables.

From the moment the moving items leave, it is actually handover time. If you miss this step, you may either not get your deposit back, or you may end up with small, follow-up bills.

Return of rental housing — Security Deposit settlement is key

• Notice of contract terminationis sent in writing before the deadline specified in the rental agreement (usually 2 to 3 months).
• Before movingPre-Handover Inspection with landlord or managerProceed to organize damage and repair items with photos.
• The cost of painting, cleaning, and restoration of consumables (lights, faucets, etc.) must be discussed in advance.keep your receiptdo. Practical tips for renting a carA practical guide to renting real estate in IndiaSee also.
• Security Deposit Settlement Method(cash, bank transfer, dollar exchange) andWritten confirmation of payment completionPlease take it. There are many cases where settlement is delayed after departure.

Utility Cancellation — Confirm name and account transfer

• Electricity (Discom), Gas (PNG/LPG), Water, Internetwill apply for cancellation after settling the last bill.
• If there is a successorName TransferIf the process is passed, the Security Deposit will be passed on to the successor.
• Prepaid gas cylinder (LPG)Return procedures and deposit refund regulations through authorized dealersPlease check in advance.

SIM/mobile payment app

• SIM card can be purchased at a telecommunication company agency.MNP (number portability) or cancellationOrganize it into procedures. Since the delivery number is linked to UPI, bank OTP, and various authentication,Before termination, log out of the UPI app and change your bank registration number (if you maintain a NRO account)Be sure to process it.
• UPI apps such as PayTM·PhonePe·Google Pay transfer the account balance to the bank and then log out and delete it. Summary of Indian life appsEssential apps for living in IndiaPlease check the directions as well.

Disposal of cars, home appliances, and furniture

• Used carsRTO (Regional Transport Office) Transfer of OwnershipYou must complete this to be free from future fines and liability for accidents.
• Home appliances and furniture can be disposed of within 3 to 4 weeks by using local second-hand trading apps such as junior expatriate communities, Korean cafes, and OLX.

On the day of your departure, it is best to arrive at the airport leisurely. The International Terminal (T3) of Delhi's Indira Gandhi International Airport (IGI) is particularly crowded during late night hours during peak season.

What to bring with you at the airport

• Original passport, valid visa page— If you leave the country with a visa that is about to expire, you may need to re-confirm at the counter.
• Copy of tax return receipt, EPF/Gratuity claim receipt, moving bill of lading·packing list— So that it can be presented immediately when customs inquiries are made.cabin baggagePut it in.
• cash policy— Indian customs imposes reporting obligations on exports of foreign currency or cash exceeding a certain amount. For exact amount, check the latest notice from Indian Customs (cbic.gov.in).
• Valuables, medicines, electronic devices (batteries)is carry-on baggage, and the rest is checked baggage.

Must be processed within 3 months after arrival in Korea

1. Confirmation of completion of customs clearance of moving goods— We continue to share tracking of sea container arrival, customs clearance, and home delivery with the moving company.
2. Declaration of moving goods to Korea Customs Service— Submit documents according to the instructions of the Korea Customs Service (customs.go.kr).
3. Korean tax reporting review— Confirm with your tax professional whether the DTAA tax credit applies.
4. Follow up on remaining issues in India— Confirmation of rental deposit refund, EPF payment confirmation, bank balance transfer confirmation, etc. are listed and checked weekly.

If there is a possibility of re-entry

Due to short-term business trips and re-application for residency, etc.Likely to return to India in 1-2 yearsIf so, switch your bank account to NRO and manage PAN·Aadhaar·FRRO registration history in a separate folder. Set-up time is greatly reduced when reappointing.