NRI

NON-RESIDENT INDIAN

We provide a wide range of Tax Services to Non-resident Indians (NRI’s) tailor-made to suit each client with unique requirements which require absolutely customized & transparent solutions delivered in a professional & timely manner. The following are the services which we provide to our NRI clients:

INCOME TAX FILING

Income tax filing for NRI’s should be completed within 31st July of the next financial year. We ensure compliance with all tax related rules with respect to non-residents and proceed with the filing process diligently.

REPATRIATION OF FUNDS:

The transfer of funds/income by NRI (Non-Resident Indian) or PIO (Person of Indian Origin) from the balances held in their Non Resident Ordinary account (NRO a/c) to his/her Non Resident External account (NRE a/c) or overseas bank account is termed as Repatriation. We provide services and fulfill all statutory requirements to facilitate repatriation of NRI funds.

TAX AND TDS ON SALE OF PROPERTY

Sale of a property located in India by an NRI is considered as capital again and attracts tax. TDS is also required to be paid separately for the same. Computations for capital gains and TDS services are provided with accuracy and precision to enable a smooth transaction for our clients.

LOWER TAX DEDUCTION CERTIFICATE

To seek relief from TDS on sale of property, NRI can apply for Lower TDS Certificate. This application is submitted in Form 13. We provide Lower TDS Certificate (Form 13) services to all Non-resident category applicants.

FILING OF FORM 15CA AND 15CB

For foreign remittances related to an NRI the following forms are required

Form 15CA:
Undertaking given by the remitter, submitted on the Tax Department website and signed by the remitter
Form 15CB:
Certificate to be obtained from a Chartered Accountant confirming that applicable taxes have been paid on the remittances.

FILING OF FORM 67

Form 67 is the statement of income from a country or specified territory outside India which needs to be filed to claim credit of foreign tax paid in that country or territory.