NRI Taxation

Non-Resident Indians (NRIs) are subject to different tax laws in India than Resident Indians. NRIs are taxed on their income earned or received in India, regardless of where it is received. This includes income from salary, property, and business or profession in India. However, NRIs are not taxed on their income earned outside of India. Additionally, NRIs are not eligible for certain tax exemptions and benefits that are available to Resident Indians. If an NRI is planning to invest in India, it is important to be aware of these tax laws and to consult with a tax professional to ensure compliance.

At Neelsaj, NRIs can benefit greatly from our professional service for taxation, as it can help you comply with Indian tax laws, maximize tax benefits, minimize tax liability, and navigate the complexities of Indian tax laws and regulations. we provide following services to NRI’s:

• Tax planning and compliance : Assist NRIs with tax planning and compliance, including preparing and filing tax returns, and ensuring compliance with all applicable laws and regulations.
• Double Taxation Avoidance Agreement (DTAA): Assist NRIs in availing the benefits of DTAA, which can help them avoid paying taxes twice on the same income in two countries.
• Tax treaty interpretation: Assist NRIs in understanding and interpreting the provisions of tax treaties between their country of residence and the country in which they have income or assets.
• Representation before tax authorities: Represent NRIs before tax authorities in case of any enquiry, inspection, or prosecution.
• Tax refunds: Assist NRIs in claiming tax refunds, in case they have overpaid taxes.
• Tax planning for NRI's: Assist NRIs in planning their taxes in advance and help them structure their income and investments in a tax-efficient manner.
• Advising on tax laws: Assist NRIs in understanding the tax laws of their country of residence and the country in which they have income or assets and guide them on the tax implications of their decisions.
• Advising on tax implications of transactions: Assist NRIs in understanding the tax implications of transactions such as sale or purchase of assets, remittances, and foreign exchange transactions.