Service Details

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Key Highlights of NRI Taxation

 

Understanding these core principles is essential for managing your Indian income

• Taxable Income Scope: An NRI is only taxed in India on Indian-sourced income. This includes:

  • Rental income from property in India.

  • Capital Gains from the sale of assets like property, shares, or mutual funds in India.

  • Interest earned on Non-Resident Ordinary (NRO) bank accounts and Fixed Deposits. (Interest on NRE and FCNR accounts is typically exempt).

  • Salary for services rendered in India, regardless of where the payment is received.

  • Dividends received from Indian companies.

  • Income from a business or profession controlled or set up in India.

• Residential Status is Key: Your tax liability hinges on your Residential Status (Resident, NRI, or Resident But Not Ordinarily Resident - RNOR) determined by your physical presence in India during the Financial Year. The RNOR status offers significant tax benefits, often being relevant when an individual returns to India after being an NRI.

• Double Taxation Avoidance Agreement (DTAA): India has DTAA with numerous countries. These agreements allow NRIs to claim credit for taxes paid in the country of residence or pay tax at lower treaty rates on certain income in India, thereby avoiding being taxed on the same income twice.

• Tax Deducted at Source (TDS): TDS is often deducted at higher rates on income like rent and NRO interest for NRIs. Filing an ITR is crucial to claim a refund if the TDS deducted is more than the actual tax liability.

• Deductions and Exemptions: NRIs can claim certain popular deductions like those under Section 80C (e.g., principal repayment of a home loan, life insurance premium, tuition fees) and Section 80D (health insurance premium) against their Indian taxable income.

 

NRI Taxation Service Pricing Chart

Choose the plan that best suits your financial profile. All plans include dedicated CA support and end-to-end online filing.

Service Plan	Key Features & Income Sources Covered	Annual Fee (INR)	Best For
I. Standard Compliance	ITR Filing for Basic Indian Income: Interest income (NRO Accounts), Dividend Income, Rental Income (one property), TDS Refund claim, and basic Deduction claims (e.g., 80C, 80D).	₹ 7,999	NRIs with simple Indian fixed deposits and rental income.
II. Capital Gains Pro	Everything in Standard Compliance PLUS: Calculation and filing for Long-Term & Short-Term Capital Gains from Shares/Mutual Funds (up to 15 transactions), DTAA benefit claim (requires TRC & Form 10F), and RNOR Status determination.	₹ 14,999	NRIs actively trading or those with significant investment income requiring DTAA benefits.
III. Global Wealth Manager	Everything in Capital Gains Pro PLUS: Filing for Property Sale/Complex Capital Gains (e.g., Indexation benefits, multiple assets), Lower/Nil TDS Certificate application (Form 13), Fund Repatriation CA Certificate (Form 15CB), Advisory for FEMA compliance, and Income from Multiple Properties/Small Indian Business.	₹ 24,999	NRIs selling a major asset, those requiring fund transfer certificates, or with diverse and complex Indian income.