If you earn income from India while living abroad, two countries have an interest in taxing that income: India, because the income originates there, and your country of residence, because you are a tax resident there. Without any agreement between the two governments, you could end up paying tax twice on the same rupee. That
If you have ever tried to send money abroad from India — or received a call from an Indian payer asking for your tax residency documents before they transfer funds to you — you have encountered the Form 15CA and 15CB requirement. These two documents exist because Indian law requires the payer to account for
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
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
