NRI Taxation Services
NRIs are individuals who are either citizens of India or Persons of Indian Origin (PIO) but are not Residents of India. 95% of NRIs have been maintaining residences, properties, investments, and businesses in India and therefore it becomes essential to understand the tax implications of the same as per Indian Tax laws. Dhanwani & Company have been the trusted partners for NRI tax planning services for more than two decades now with a focus on providing personalized solutions for our NRI & OCI clients to meet their financial goals.
Our team of experienced NRI tax consultants specialize in offering NRI tax advisory services to reduce your tax burden and ensure adherence to Indian tax regulations. Our expert guidance helps NRIs to navigate the complexities of tax structures for investments and businesses in India, providing advice on the most tax-efficient methods for remitting funds.
As we recognize the intricate nature of Indian tax regulations for Non-Resident Indians (NRIs), our team is dedicated to providing personalized and professional assistance to help you navigate these complexities, ensuring compliance with tax laws and enjoying peace of mind. Reach out to us today and let our expertise in NRI taxation services help you meet your taxation needs.
Benefits of our NRI Tax Planning Services
Our NRI Taxation services is dedicated to assisting non-resident Indians in achieving their financial objectives while ensuring compliance with tax regulations and optimizing tax benefits. Our services are tailored to provide a deep understanding of international tax laws, ultimately minimizing tax liabilities. By leveraging the expertise of our NRI tax consultants in India, clients can capitalize on exemptions and deductions.
Our NRI Taxation Services Includes
Filing of Income Tax Returns (ITRs) for individuals or businesses along with assistance in claiming Tax Refunds, if any.
Planning your taxes to minimize the tax liability in case of sale of property in India – Capital Gains accruing and arising from sale of property in India are taxable in India irrespective of the country you reside in. Our team of NRI specialized Tax experts work out a tailor-made solution as per your requirements and suitability to claim appropriate exemptions available under sections 54, 54F, 54EC etc.
Planning the date of Moving out of India / Moving back to India to minimize the tax liability
Avoiding Double Taxation – By pursuing DTAA relief between the two countries (Country of residence and country of source of Income), we assist NRIs in preventing double taxation.
Assistance in income tax scrutiny and assessment/audits
Advisory And Assistance For Remittances In and Out of India – Depending on the specific requirements of our NRI clients, we assist in sending money to India via an approved remittance channel to ensure accurate reporting since this is essential for the future repatriation of funds outside India with ease. NRIs can repatriate up to USD 1 million per calendar year, provided they’ve paid the applicable income tax.
Assistance in complying with the Foreign Exchange Management Act (FEMA) regulations related to foreign remittances along with the Certification services under FEMA/ Income Tax
Consultancy around Investment options for claiming around income tax deductions available under section 80. Some of the common investment options being: 1. Public Provident Fund 2. Life Insurance 3. Specified FDs 4. Repayment of Principal amount of Home Loan
We provide representation services related to Income Tax Authorities, CIT (A), and Appeals with respect to Income tax notices received by clients.
Tax optimization.
Advance tax planning.
Housing loan advice.
Investment planning.
Application of PAN CARD, TAN.
Filling of Income Tax Return.