Our expert then prepares & shares your tax summary
Review, pay online to get I-T filed for processing refund
NRI Tax Return Advantages
Faster refund of taxes which are withheld @30% on your Indian income
Secure online platform with services from a qualified expert tax advisor
Expert assistance for NRI taxes and PAN card assistance too
Proactive advice on your Indian tax liability
Year-round access to “My Account Page” from anywhere, anytime
Quicker acknowledgement of Income Tax Returns and faster processing of tax refunds if any
Frequently Asked Questions
Q. I am a non-resident. Should I file my tax returns in India?
You need to file your Income Tax Returns if:
Your total income earned in India exceeds the basic exemption limit.
You have a refund.
You want the benefit of carrying forward of losses or want to set off your gains.
You have any taxable long term capital gains or certain short term capital gains on sale of investment or assets irrespective of the gain amount.
Q. Do I need to be in India in order to file my returns?
Physical presence in India is not compulsory for filing returns. You can now e-verify your ITR from anywhere and we provide a detailed guidance for this. You can send the signed copy of ITR-V to the CPC Income Tax Department, Bengaluru. MaxBusiness offers support in this process as well.
Q. As a non-resident, do I get the benefit of basic exemption?
Yes, you can get the benefit of basic exemption limit even being a non-resident. But if the income consists of only short term capital gains taxed at a special rate or long term capital gains then benefit of basic exemption limit is not available in respect of such gains.
Q. Who is called Non-Resident Indian?
Non-Resident Indian (NRI) means a “person resident outside India” who is either a citizen of India or is a person of Indian origin.
Q. How to determine the residential status in India?
The Residential status could be determined by the given chart
*Conditions:
Did you, being an Indian citizen leave India for the purpose of employment outside India during the FY, or
You, being an Indian citizen or a PIO, came for a visit in India during the FY, or
You being an Indian citizen leave India as a member of crew of an Indian ship
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