NRI Taxation & Compliance Services in India
Our national network of chartered accountants assists NRIs across the globe with Indian tax residency tests, online DTAA claims, and compliance filing. NRIs must comply with Indian direct tax stay rules, account conversion requirements, and TDS rules.
| Compliance item | Requirement details | Why it matters |
|---|---|---|
| Tax Filing Requirement | Mandatory if Indian gross income exceeds Rs. 3 Lakh (new regime) or Rs. 2.5 Lakh (old regime). | Required to claim refund of excess TDS deducted on bank interest or rent. |
| Account Conversion | Mandatory conversion of resident savings account to NRO account. | Failure to convert accounts is a FEMA violation. |
| TDS on property sale / rent | Buyers or tenants of NRI properties must deduct TDS under Section 195. | TDS on rent is 31.2%. TDS on property sale is 20.8% (LTCG) or 30.9% (STCG). |
Specialized Chartered Accountant assistance
- Verify NRI/RNOR residential status using passport stamp day logs for the financial year.
- Prepare and file Form 13 on the e-filing portal to obtain a Lower TDS Certificate under Section 197.
- Issue CA-certified Form 15CB and prepare Form 15CA for outbound repatriation of capital (up to USD 1 Million per year).
- Claim DTAA relief benefits (Form 10F online filing) to reduce TDS rates on Indian income.
Keep these ready before hiring
- Passport copy showing all pages and stamps.
- NRE/NRO interest certificates and TDS certificates (Form 16A).
- Property purchase and sale deeds (for capital gains cases).
- Tax Residency Certificate (TRC) and online Form 10F.
NRI Tax Services India: year and source check
Last fact-checked: 18 June 2026.
AY 2026-27 means FY 2025-26 income and is filed under the Income-tax Act, 1961. Tax Year 2026-27 means FY 2026-27 income under the Income Tax Act, 2025. Do not mix the two.
Verify stay days, TRC validity, DTAA rates, NRO interest, and Form 15CA/15CB requirements against official CBDT guidelines, notifications, and portal utilities before taking a filing position.
FAQs
How do I find NRI tax consultants in India?
Post your requirement on WorkIndex. Verified Chartered Accountants in India specializing in NRI taxation, FEMA rules, and double tax treaty claims will review the scope and provide quotes.
Is interest earned on NRE accounts taxable in India?
No. Interest earned on Non-Resident External (NRE) accounts is fully exempt from income tax in India under Section 10(4)(ii).
What forms are needed for outward remittance from an NRO account?
Remitting funds from an NRO account (e.g. sale proceeds of inherited property) requires filing Form 15CA online and obtaining a CA-certified Form 15CB verifying tax compliance.
Frequently Asked Questions
1. How do DTAA provisions and NRI tax compliance apply to income from NRI Tax Services India?
Under Double Taxation Avoidance Agreements (DTAA), NRIs can claim lower withholding tax (TDS) rates on income from NRI Tax Services India by submitting a Tax Residency Certificate (TRC) and Form 10F online.
2. What are the reporting requirements for residents holding foreign assets related to NRI Tax Services India?
Resident taxpayers holding foreign shares, bank accounts, or investments related to NRI Tax Services India must disclose them in Schedule FA (Foreign Assets) of their ITR to avoid heavy Black Money Act penalties.
3. What is the Double Taxation Avoidance Agreement (DTAA)?
DTAA is a bilateral treaty signed between India and a foreign country to prevent double taxation of the same income in both countries by capping withholding tax rates or providing tax credits.
4. What documents are mandatory to claim DTAA treaty benefits?
Taxpayers must submit: (1) A Tax Residency Certificate (TRC) issued by the tax authority of their country of residence. (2) Form 10F filled out online. (3) A valid Indian PAN.
5. Is interest earned on NRE and NRO accounts taxable?
Interest earned on NRE (Non-Resident External) and FCNB accounts is fully tax-free in India. Interest earned on NRO (Non-Resident Ordinary) accounts is taxable at your slab rate, and subject to 30% TDS.
6. How does Form 10F work, and how is it filed?
Form 10F is a self-declaration filed by non-residents containing details like nationality, tax identification number, and address. It must be filed online on the Income Tax e-filing portal using a digital signature or net banking verification.
7. What is the TDS rate on payments made to NRIs?
TDS on payments to NRIs is governed by Section 195. It is deducted at the maximum rate applicable to the type of income (e.g. 30% on rent/NRO interest, 12.5% on long-term capital gains, 20% on dividends), subject to lower rates under DTAA.
8. Can an NRI claim the Section 87A tax rebate?
No. The Section 87A rebate (which makes tax zero up to ₹12 lakh under the New Regime) is only available to resident individuals. NRIs do not qualify for this rebate and must pay tax on taxable income exceeding basic limits.
9. Which ITR form should an NRI file for FY 2025-26?
NRIs must file ITR-2 (for capital gains, salary, or property income) or ITR-3 (if they have business/professional income). NRIs cannot file ITR-1 (Sahaj).
10. Do NRIs need to declare foreign bank accounts in their Indian ITR?
No. NRIs do not need to report foreign bank accounts, foreign stocks, or assets in Schedule FA. Only resident taxpayers are mandatory to report foreign assets.
11. What is Schedule FA and who must file it?
Schedule FA (Foreign Assets) is a mandatory schedule in ITR-2/ITR-3 for resident taxpayers. It requires reporting details of all foreign assets (shares, mutual funds, bank accounts, property) held at any time during the calendar year.
12. What is the penalty for failing to file Schedule FA?
Under the Black Money Act, resident taxpayers who fail to disclose foreign assets in Schedule FA or underreport value face a flat penalty of ₹10 lakh per year, plus interest and potential prosecution.
13. How do I claim Foreign Tax Credit (FTC) in India?
To claim credit for taxes paid in a foreign country on double-taxed income, you must file Form 67 online on the e-filing portal along with proof of tax payment/withholding before filing your ITR.
14. Are capital gains on Indian mutual funds taxable for NRIs?
Yes, capital gains are taxable for NRIs. Equity LTCG is taxed at 12.5% (>12 months), STCG at 20%. Debt mutual fund gains are taxed at slab rates. The fund house will deduct TDS on redemptions.
15. Can an NRI buy agricultural land in India?
Under FEMA regulations, an NRI or OCI cannot purchase agricultural land, plantation property, or farmhouse in India. They can, however, inherit such properties or buy commercial/residential properties.