There has been a steady increase in the emigration of professionals and business owners from India, fueling the demand for NRI taxation services and personalized tax solutions.

Non-Resident Indians (NRIs) living abroad may have income sources both within and outside India, subjecting them to taxation in their home country as well as their country of residence. Careful consideration and analysis of their income sources are essential to determine the tax liability under both jurisdictions and leverage tax treaties between the two countries. Expertise in taxation, like that offered by K K Baranwal & Associates, is crucial to avoid costly errors and potential legal issues.

What Does NRI Taxation Includes?

NRI taxation is a complex area encompassing various aspects that require careful consideration and expertise to navigate effectively. Here’s what it includes:

  • Determination of Tax Residency: Understanding the tax residency status is crucial as it determines the tax obligations in different countries based on the period of stay and other factors. Aplite specializes in analyzing residency laws and providing comprehensive advisory services.
  • Analysis of Tax Treaties: Tax treaties between countries aim to avoid double taxation and provide relief to taxpayers. Aplite’s team of experts is well-versed in interpreting and applying these treaties to optimize tax outcomes for NRIs.
  • Filing of Returns and Related Forms: NRIs with income or assets in India must comply with tax filing requirements. Aplite assists in filing returns and meeting various compliance obligations, ensuring adherence to regulations and maximizing tax benefits.
  • Assistance in Sale of Immovable Property and Repatriation: Selling property in India and repatriating proceeds involves tax implications and compliance requirements. K K Baranwal & Associates provides guidance and support throughout the process, minimizing tax liabilities and facilitating smooth repatriation of funds.

Contact Us

Still confused or want to know more?
Call our team today to get a more detailed insight into our services and expertise.