NRI Taxation
NRI Taxation services in our firm typically involve providing financial and tax advisory to individuals who are non-residents but have financial interests or transactions in the country. Here are the NRI taxation services that our firm may offer to Non Resident Indians.
Tax Planning and Compliance
Advisory on tax obligations in India and helping them plan their investments to optimize tax efficiency.
Ensuring compliance with Indian tax laws, including filing of income tax returns and other related documents.
Investment Advisory
Providing guidance on investment options available in India, considering the NRI's financial goals, risk tolerance, and applicable regulations.
Assisting in the purchase and sale of financial assets such as stocks, mutual funds, and real estate.
Property Transactions
Assisting NRIs in buying or selling property in India, including due diligence, documentation, and compliance with relevant laws.
Advising on the tax implications of property transactions for NRIs.
Repatriation of Funds
Guiding NRIs on repatriation of funds, including the procedures and documentation required for repatriating income earned in India.
Ensuring compliance with the Reserve Bank of India (RBI) regulations on repatriation.
Banking and Financial Services
Assisting NRIs in opening and managing bank accounts in India.
Advising on various financial services and products available to NRIs, such as NRE (Non-Resident External) and NRO (Non-Resident Ordinary) accounts.
Audit and Assurance
Conducting audits for NRIs who have business interests or financial transactions in India.
Ensuring compliance with accounting and auditing standards.
Legal and Regulatory Compliance
Providing guidance on legal and regulatory requirements affecting NRIs, including changes in tax laws and financial regulations.
Assisting in obtaining necessary approvals and clearances.
Advisory on Double Taxation Avoidance Agreements (DTAA)
Providing information and advice on the impact of DTAA between India and the country of residence of the NRI to avoid double taxation.
Estate Planning
Assisting NRIs in estate planning to ensure the smooth transfer of assets to beneficiaries, considering both Indian and international laws.
Risk Management
Advising NRIs on managing financial risks associated with their investments and transactions in India.
Our firm is offering NRI advisory services to stay updated on changes in tax laws, financial regulations, and other relevant legal frameworks to provide accurate and effective assistance to their NRI clients. Additionally, maintaining clear communication with clients and addressing their specific needs is crucial in this domain.