Income Tax Return Filing Plans for NRIs & Foreign Nationals

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  • Complete Tax Advice
  • Assessment of Foreign and Domestic Income
  • Indians Working On-Site (Earning Salary Outside India)
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  • Foreign Nationals Earning Salary/Owning Assets in India

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Procedure for NRI Income Tax Return Filing


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Buy Income tax return filing plans for NRIs & foreign nationals and upload documents like Form 16.

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Our tax expert prepares your ITR return for NRI.

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Income Tax Return Filing for NRIs & Foreign Nationals


Income Tax Return is referred to as ITR. It is a way to report income from several sources and pay taxes to the income tax office. It includes information on the income and tax-saving investments that people made over the course of the fiscal year. A person of Indian descent or a citizen of India who does not reside in India is referred to as an NRI. Whether or not an NRI has taxable income in India determines whether or not they need to file a return of income. So, to prevent any penalties, purchase Income Tax Return Filing Plans for NRIs & Foreign Nationals from Legalraasta.

Documents required for Income Tax Return Filing Plans for NRIs & Foreign Nationals


PAN Card to confirm the NRI's nationality and identity.
Form 16 and salary slips are used to detail the NRI's salary income.
Bank account details of an Indian bank account.
Information on investments by the NRI in India, such as mutual funds, and fixed deposits.
Tax payments made during the fiscal year that have been received.
Invoices for rent from their Indian property.
Details of any property owned in India for Income tax return filing plans for NRIs & foreign nationals.
Other documents such as TDS certificates, details of agricultural income, etc.
A Digital Signature (DSC) for Income tax return filing plans for NRIs & foreign nationals.

Online ITR Filing for NRI Process


1. An NRI must submit ITR Form to apply for a PAN card.


2. Choose the tax return form and complete it with the necessary details.


3. Submitting tax information electronically in the return using the electronic verification code


4. Then send in the ITR-V form with the return verification.


5. Then, assessors must send a copy of ITR-V, which has been duly signed by the assessee, to the Bangalore electronic data processing center.


6. Submit all relevant documents and Digital signatures at the Internet Portal of the Income Tax Department in India.


Benefits for ITR Filling for NRI


Legal Requirement

According to the Income Tax Act of 1961, NRIs in India are legally required to file an ITR. Penalties and fines may apply if an ITR is not filed. So enlist Legalraasta's assistance for Income tax return filing plans for NRIs & foreign nationals.


Avoids Tax Evasion

By reporting their income and paying the necessary taxes, NRIs who file ITRs can avoid tax evasion.


Records are Kept

Filing an ITR enables NRIs to keep track of their income, which is helpful when applying for loans, visas, and other things.


Refunds

Refunds can be claimed by NRIs who have paid more tax than necessary by filing an ITR. To do this, use our assistance with our income tax return filing plans for NRIs & foreign nationals.


Credit for Future Tax Savings

NRIs can claim deductions and exemptions on their income by filing an ITR, which can result in credits for future tax savings.


Demonstrates Financial Stability

NRIs can demonstrate their financial stability by filing an ITR, which is helpful when applying for loans and other financial products.


NRI Return Filing Plans


Savings Package

₹ 1999


  •    Skype/E-Mail/Call Support

  •    CA Assisted Filing

  •    Guidance On DTAA

Super Package

₹ 2999


  •    Skype/E-Mail/Call Support

  •    CA Assisted Filing

  •    Guidance On DTAA

  •    Declaration Of Foreign Assets

What is Included In Our Package?


Complete Tax Advice
Follow Up with the Tax Department
Assessment of Foreign and Domestic Income
Support In Your Time Zone
House Property Income

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Frequently Asked Questions


All income that an NRI has accrued or received in India must be reported on his income tax return. To prevent double taxation, or taxes in two countries, or to request a tax refund if your income is within the exemption limit, filing returns is required. So enlist Legalraasta's assistance for Income tax return filing plans for NRIs & foreign nationals.

This depends on your residential status. In most cases, if you are in India for 182 days or more during that financial year, you will be considered a resident. If you are a foreign national living within India, you may be considered a ‘Resident Indian ‘for tax purposes So, if you are a Resident, then you are required to file a normal tax return otherwise else an NRI return.

DTAA(Double Taxation Avoidance Agreement)is an agreement in between India and other countries to avoid double taxation of the same income of the same person in more than one country.

A person holding foreign stocks/assets is required to file an NRI return to avoid double taxation, and penalties and to claim a tax refund, if any.

If all of your income comes from investments, long-term capital gains from foreign exchange-specified assets, or both, and TDS has been taken out of that income, you are not needed to file any returns.

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