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NRI TAX PAYERS
Six big TDS & TCS changes for Tax Year 2026-27: From TDS on NRI property to TCS on overseas remittance for education, know all that has changedNew tax rules for Tax Year 2026-27 begin April 1, 2026. Key changes affect TDS on NRI property and TCS on overseas remittances for educatio...
What is NRO account and how are deposits in this account taxed, repatriated?NRO accounts are less restrictive for Indian rupee transactions compared to other types of accounts available to NRIs in India, making them...
Tax deducted on NRIs income: CBDT changes process to get nil TDS certificateAny payment to a Non-Resident Indian (NRI) is subject to deduction of TDS. However if the NRI wants the rate of TDS deduction to be made at...
How NRIs can get lower, nil TDS certificate from income tax departmentEvery rupee earned by an NRI in India is subject to TDS. The TDS is applicable on every payment earned or accrued. These include rent payme...
NRIs cannot submit Form 15G/H: What can they do to lower TDS on income from India?Any income earned by Non-Resident Indian (NRI) in India is subject to tax in India. The incomes are credited into the NRI account after TDS...
Non-resident taxpayers without PAN can file Form 10F manually till September 30This will bring some relief to the difficulties faced by non-residents in claiming benefits of the tax treaty as well as to the resident ta...
Tax tweaks Budget 2023 should propose to pull more funds from NRIsNRIs remit funds to India for various reasons which may include the upkeep of their dependents staying in India, the continuation of their ...
TDS is compulsorily deductible from these types of NRI incomeAn NRI receives different types of income from India. However, if an NRI receives a certain types of income from India, then TDS will be ap...
If a resident turns NRI, what would be income tax implication on existing investments?On the sale of such shares or mutual funds, the NRI shall be liable to pay capital gains tax on the transfer of such assets.
Interim budget evokes mixed response from Gulf business leadersBusiness leaders in the UAE gave mixed reaction to the interim budget on Friday as some welcomed it, while others criticised it as an "elec...
Cost of house to include furniture for Income-Tax reliefThe ITAT bench pointed out that the NRI buyer was an unwilling party to artificially splitting up the sale transaction. The actual benefici...
Goa working on allowing NRIs and PIOs to pay taxes in advanceGoa government is working on a facility which will save the Non Resident Indians and Persons of Indian origin from paying their state taxes...
Budget 2013: What NRIs expect from the Finance MinisterThere is much the Budget can do to make tax procedures simpler for NRIs as well as to attract more NRI investments.
How NRIs can deal with tax and repatriation issues on sale of inherited propertyIf you sell the property after 3 years from the date of purchase, you will be liable for long term capital gains tax of 20%.
Should NRIs buy property in India now?The tepid realty market in the country and the weak rupee are making property investments more lucrative for non-resident Indians.
Budget 2012 should make TDS for NRIs less tediousTax deduction at source (TDS) is perhaps one of the biggest pain points for a Non Resident Indian’s (NRI) transactions. The budget could do...
How NRIs can claim TDS exemptionAny claim for reduced rate of TDS or exemption from TDS will be available only if you have a Permanent Account Number (PAN), so make sure y...
All you wanted to know about TDS for NRIsFor every income that you earn in India as an NRI, tax will most certainly get charged and furthermore, it would be deducted at source.
NRI's guide to renting out property in IndiaHere is a look at the various aspects involved when an NRI rents out a property in India.
NRI's guide to selling purchased property in IndiaIf the property was purchased while you were a resident of India, then the sale proceeds must be credited to the NRO account.