The Indian taxation system is difficult to deal with for anyone, but for Non-Resident Indians (NRIs), the rules are even more stringent with double incomes, overseas assets, and compliance. If you are an NRI outside India or a foreign income earner, it is crucial to handle your tax filing to stay away from penalties, stay legally compliant, and even maximize your returns.
That's where My Startup Solution steps in—providing simple, affordable, and expert-led NRI Income Tax Return Filing Services in Bengaluru. Whether rental income, capital gains, or investments in India, we are your go-to NRI tax consultant in Bangalore, providing customized support. Call Us now at +91-7081220800,
Yes, NRIs must file an income tax return if their total income earned or received in India exceeds ?2.5 lakh (old regime) or ?3 lakh (new regime) in a financial year. Filing is also advised if TDS is deducted or to claim refunds.
Even if you fall below the exemption limit, it is preferable to file your return for a refund claim or carry forward loss. That is where NRI tax filing assistance in Bangalore will come into the picture.
Before filing, you must determine your residential status:
Note: This categorization influences your NRI tax compliance in Bangalore. We assist in ascertaining your rightful status prior to filing.
Here's a list of Indian-source income that is taxable for NRIs:
Income from renting property in India is taxable under "Income from House Property." You can claim usual deductions and municipal taxes paid.
Our trained professionals generally assist in the following things:
Capital gains occur when property, stocks, or mutual funds are sold. Its tax rate is asset type and holding period dependent.
We help with:
NRIs can invest in the Indian stock markets via PIS accounts. Short-term gains are taxed at 15%, and long-term gains over ?1 lakh are taxed at 10%.
Important note: Our professional financial consultant guarantees proper disclosure and SEBI and RBI compliance.
This includes:
Foreign earnings won't be charged in India if you fall under the category of an NRI. However, if you file in error as a "resident," you will be taxed inappropriately.
Note: This is perhaps one of the most crucial points where our NRI tax advisor in Bangalore can help you better than universal tax filing portals.
India has signed Double Tax Avoidance Agreements (DTAA) with over 90 nations, including the USA, UK, UAE, Canada, and Australia.
NRI Tax planning in Bangalore is as important as tax filing. We don't just file your returns—we assist you in reducing your liabilities through legal deductions and exemptions.
Exemption from tax and allowances to Non-Resident Indians.
With our NRI tax planning in Bangalore, you have access to both legal and prudent ways through which your tax liability can be optimized.
Selecting the appropriate ITR form is essential. This is a brief guide:
|
Income Type |
Applicable ITR Form |
|
Salary/House Property/Other Sources |
ITR-2 |
|
Business or Professional Income |
ITR-3 |
|
Presumptive Business Income (44ADA) |
ITR-4 |
With the help of our NRI tax consultant, India Services, we guarantee precise form selection and electronic filing.
When you hire My Startup Solution, you're not simply acquiring a CA for NRI tax filing—you're getting a professional who knows what you need.
We at My Startup Solution don't simply "file returns"—we do full-cycle NRI tax return filing Consultant in Bangalore. Our staff of seasoned tax consultants, CAs, and financial advisors takes care to file your Indian earnings accurately and in a way that maximizes the returns with 100% perfection.
Important Note: Whether you are making money from real estate, shares, or overseas employment, we have your NRI income tax filing taken care of.
If you want to avail yourself of the Best NRI Tax filing Services in Bengaluru of NRI e-filing of tax, you have to do nothing but call My Startup Solution. Just dial +91-7081220800. You can approach our experienced consultants without any hesitation. If you have any queries regarding fees, documents, or eligibility, My Startup Solution professionals are always there to offer their support.
Yes, you can even submit it online from anywhere. We provide 100% remote filing services.
Actually, rental income is taxable in India. Tenants have to deduct TDS before making the payment.
Non-filing can result in penalties, interest on unpaid tax, and issues with repatriating funds.
Actually, returns on such investments are leviable and must be disclosed, either by NRO or PIS accounts.
Yes, you will need a Tax Residency Certificate of your resident country to avail DTAA benefits.
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