Introduction: Income from Property in India Taxed for NRIs “How is income from property in India taxed for NRIs?” is a common concern for those living abroad yet maintaining ties with the Indian property market. As Indian real estate becomes a preferred investment for NRIs due to emotional attachments, attractive returns, and favorable government policies, […]
Introduction: In today’s globalized world, it’s common for individuals to live in one country and earn income from multiple others. If you’re an NRI (Non-Resident Indian) offering services or earning income across borders—whether through employment, freelancing, investments, or businesses—you may wonder: How taxability for NRIs are affected? The answer lies in understanding the scope of
Introduction: In India, income tax is determined not by your nationality or citizenship, but by your residential status under the Income Tax Act. This makes it crucial to first identify whether a person is a Resident, Resident but Not Ordinarily Resident (RNOR), or a Non-Resident (NRI). If a person qualifies as a Non-Resident, only the
