NRI Tax Filing | Income Tax Return NRI | NRI Tax Services | Income Tax India | Tax Filing Support for Non Resident Indians (NRIs)

Are NRIs liable to file returns in India?
NRIs whose taxable Indian Income exceeds basic exemption limit (i.e. Rs 1,60,000) are liable to file Income Tax return. However, they are required to file Income Tax return in India, if they have income from following sources even if taxable Income is below basic exemption
• Income from Short Term Capital Gain on equity shares or equity oriented mutual fund
• Income from Long Term Capital Gains which are chargeable to tax
Non-filing of Indian Income Tax return may lead to penalty of Rs 5000 for each year and prosecution.
Are there any exceptions to the requirement of NRIs to file Indian Income Tax return?
NRIs need not file Income Tax return in India if their Indian Income consists of Investment Income and/or long term capital gains Income and tax deductible at source has been deducted for such income.
Investment Income means any income (other than dividend) derived from a asset acquired, purchased or subscribed to in convertible foreign exchange.

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NRI Tax filing support for Non Resident Indians (NRIs)

Few know, the tax implications are different for Non Resident Indian (NRI)

For example, any income that is accrued in India is taxable and get the basic exemption of Rs.1,60,000/- irrespective of their gender and age. This leads to a lot of confusion and NRIs often find themselves seeking the help of friends and relatives in India to understand, manage their taxes and for tax filing purposes.

Taxsmile now makes tax management very simple for NRIs. We offer a complete range of services including understanding tax, its components, calculating the tax and filing returns.

Taxsmile Premium for NRIs :

Simple, Intuitive User Interface for Income Tax Return Preparation and e-Filing
Choose to get Income Tax Return reviewed by “Indian Tax” Expert
All Queries related to Indian Income Tax answered by Tax Professionals (10 queries included as part of package)
Get the Advantage of e-filing with Digital Signature (class II eMudhra Digital Signature Included)
Fast and hassle-free way to achieve Tax Compliance
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