Job related move to India - PL HELP

[bulandhausla]

Hi,

I am an Indian citizen with exactly 3 years into my GC. I can apply for citizenship in Nov 2009 (ie after 4 years and 9 months of getting GC stamped).

I have a job offer with an American company that has operations in India. They want me to relocate to India and take care of their operations in India. My wife, son and I are all on GC and my daughter is a US citizen.

My questions are as under:-

1. If I move to India, how does that impact the continuous stay requirement for citizenship. I have stayed continuously for 3 years in the US after my GC (barring a couple of India visits due to work realted matters). I can be an employee of the US entity and I can show as if I was delegated /transferred to the Indian operations. So I can be on US payroll, but would work from India and relocate to India. I expect to visit the US quite frequently for work related matters ... say 2 - 3 times a year. I can even show a US address for tax return purposes, maintain US bank accounts, maintain investments, 401(K) etc in the US.

2. Is there any other way I can accomplish this - that is take up the job in India, and yet be eligible to apply for citizenship in Nov 2009?

3. What are the tax implications - If I get US payroll, pay social security, file US taxes, etc - do I pay taxes in India? I know there are some double taxation treaties ... but my head starts spinning when I see those docs.

4. Any examples would be greatly appreciated.

5. If you can point me to any reference material, that will be greatly appreciated too.

And as always ... thanks a trillion .. what would we do without these forums?

Buland