If someone in India is paying you income — rent, professional fees, interest, or dividends — and you want them to deduct TDS at the lower rate your tax treaty allows, they will almost certainly ask for Form 10F. Most NRIs encounter this form for the first time when a payer’s accountant calls asking for […]
Many NRIs filing their Indian income tax return reach for the simplest-looking form — ITR-1 (Sahaj) — because it seems designed for individuals with straightforward income. Others assume that ITR-4 applies if their earnings in India are small. Both assumptions are wrong. NRIs are explicitly excluded from ITR-1 and ITR-4 by the instructions to those
If you are making any payment to a non-resident — buying property from an NRI seller, paying a foreign contractor for services, remitting interest on a foreign loan, or settling a royalty — the legal obligation to deduct tax at source sits with you, the payer. Not the recipient. You. This is what Section 195
If you are a non-resident Indian (NRI) who has sold property, shares, or mutual fund units in India, you owe tax on the gain — and the rate, the TDS obligation on your buyer, and the availability of treaty relief all depend on exactly what you sold and how long you held it. This is
India’s GIFT City — Gujarat International Finance Tech-City — has moved firmly from pilot project to serious structuring option. The GIFT City IFSC tax benefits are legislated, in force, and broader in scope than most businesses realise. If you are a fund manager, financial services firm, or startup considering IFSC, the question is not whether
If you are an NRI, you have probably been asked to choose between an NRE, an NRO, and an FCNR account, and the bank likely explained the difference in two rushed sentences. The confusion around NRE NRO and FCNR account is one of the most common things NRIs get wrong, and it costs them —
If you are an NRI expecting to pay less tax in India because of a treaty between India and your country of residence, there is one document standing between you and that benefit. A tax residency certificate NRI investors often hear about — but rarely understand — is not optional paperwork. It is the legal
If you are an NRI planning to move back to India, there is a transition status most people have never heard of, and missing it can cost you. It is called RNOR status — Resident but Not Ordinarily Resident — and for a short window after your return, it lets a large part of your
The New Income-tax Act 2025 replaced the 1961 law on 1 April 2026, and every headline about the change made it sound like the entire tax system had been rebuilt overnight. If you are sitting down to file your return for FY 2025-26 and wondering whether something fundamental has shifted — the short answer is:
India replaced its 64-year-old income tax law on 1 April 2026. The Income-tax Act 2025 is now the governing statute, and the Income-tax Act 1961 — amended over 65 times and expanded to 819 sections across 47 chapters — has been retired. For most taxpayers, the first question is a reasonable one: does any of
