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Facing Difficulties Managing Your Taxes as an NRI? Here is all You Need to Know India is a diverse country with diverse rules to take care of. So, when it comes to taxation, it is no doubt a mystery for many. In the place where the number of people paying their income taxes is less than 2% of the total population, it is tough figuring out what to do as a citizen. Things get tougher if you are an NRI with properties in India yielding income. You have much more responsibilities to cater to and much more things to look after in the whole process. If you are an NRI and get regular cash flow from the country in the form of payments or revenues, you might have to deal with a lot of rules and regulations that might be affecting your income by a considerable margin. There are a lot of things you must know while dealing with taxes back in the country. Let’s have a look at some of the factors which affect your Non-resident Indian taxation​:


Your Residential Status It’s not that you just visit a foreign land and return an NRI. There are laws which determine your classification as NRI or regular citizens. The authorities examine your NRI status every financial year. Thus, in a financial year, if you stay in India for less than 6 months (182 days to be precise), you are considered as an NRI. Moreover, if you are here for 2 months but your overall stay in the last 4 years in the country sums up to more than a year, you are an Indian resident as per law. Taxation on Income Abroad A lot of people confuse themselves about their income abroad. The Indian government doesn't charge you on your income abroad if you are an NRI. However, if you are an Indian citizen who is getting their income through foreign sources, you would obviously have to pay your taxes on time as per your income. Similarly, for people living as an NRI having income sources in India is liable to pay taxes as per the laws to the government. The tax applies to their NRO/NRE accounts in the Indian banks. These accounts have different laws on repatriation as well. The amount of tax you need to pay would be as per the tax slabs of the country's economic laws. Filing an Income Tax Return Whether or not you are an NRI having an account with a source of income in India, it is compulsory for you to file Income Tax Returns as per your income and tax slabs. The last date of filing the return is July 31st in the financial year. Having a proper idea about Non-resident Indian taxation is a must if you are living outside India. It helps you worry less and stay calm with your own business abroad. If you still want some assistance in filing your taxes, then you can choose to consult a professional in this regard. This would definitely help you save a lot of time and hassle of doing everything on your own.

Contact Us Company Name:​ Ajay Sawhney & Associates Contact Person:​ Ajay Sawhney


Address:​ Ramesh Nagar, New Delhi-110015 Mobile:​ +91-98999-37999 Email:​ ​sawhneyaj@hotmail.com​, ​sawhneyaj1@gmail.com Website: ​http://www.nonresidents.in/

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Non-Resident Indian Taxation  

There are a lot of things you must know while dealing with taxes back in the country. Let’s have a look at some of the factors which affect...

Non-Resident Indian Taxation  

There are a lot of things you must know while dealing with taxes back in the country. Let’s have a look at some of the factors which affect...

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