International Taxation in
Buldhana

IMAK Advisory is an ICAI-registered firm of chartered accountants in Whitefield, Bengaluru, working with non-resident Indians, OCI cardholders and families returning home on Indian income, property sales and foreign exchange rules. An NRI tax return is needed when Indian income – rent, interest, capital gains or salary for work done in India – exceeds the exemption limit, and it is the only way to claim back excess deductions at source.

The whole process happens online. NRI tax filing is completed on the national portal and verified from abroad through Indian net banking or a bank account code, usually in ITR-2, so the NRI tax filing India process needs no visit. An NRI tax return India filing also settles the final liability on a property sale and recovers any amount deducted in excess by the buyer.

The NRI tax slab is the same as for residents, but non-residents do not get the rebate that makes income up to ₹12 lakh free of tax. That is why the NRI tax slab in India often produces a bill where a relative living here would pay nothing. The NRI tax rate on specific income also differs: NRO interest and rent are taxed at slab rates with deduction at source at 30%, long-term gains on property at 12.5% without indexation, and NRE and FCNR interest is exempt while you remain abroad.

Property sales need planning: a lower deduction certificate before the sale, a correct capital gains computation, reinvestment options where they apply, and the bank's remittance forms to move the proceeds abroad.

Treaty relief matters for many families abroad. Where India has a DTAA with your country of residence, a residency certificate and Form 10F can lower the rate on interest and dividends, and the amount paid in India can usually be credited where you live. Repatriation from an NRO account is allowed up to USD 1 million each financial year once the liability is settled, using the remittance forms the bank asks for. Returning home brings its own rules: most people are treated as not ordinarily resident for a few years, which keeps foreign income outside the Indian net during that time.

Foreign exchange rules run alongside. NRE, NRO and FCNR accounts must match your status under FEMA, agricultural land cannot be bought, and investments in unlisted Indian companies follow the FEMA pricing guidelines on fair value. Section 13 of FEMA allows penalties of up to three times the amount involved, which is why procedural lapses should be regularised early.

In the latest news about NRI tax in India, the Income-tax Act, 2025 applies from 1 April 2026 with renumbered forms, Budget 2026 left slabs unchanged, and from 1 October 2026 resident buyers of property from non-residents can deposit the deduction using their PAN instead of a separate TAN.

We do not publish fees; our team shares the exact total after reviewing your documents. Visit us at ITPL Main Rd, Pattandur Agrahara, Whitefield, Bengaluru, Karnataka 560066, call or WhatsApp +91 79798 50684, or email imakadvisoryteam@gmail.com, and the IMAK Advisory team will confirm your residential status, the forms you need and the documents to send.