NRI Tax Consultant
Every NRI, or Non-Resident Indian, who has earned money in India must pay taxes on that money. The revenue may come from the sale of Indian-based assets or the provision of certain services. Only if the assessor submits their return before the deadline will any extra TDS be claimed as a refund. It is very challenging to understand the tax rules of different nations because income tax laws are so complicated in many of them. Numerous NRIs who work overseas and foreign nationals who work in India need to be aware of the fundamental rules that affect their tax compliance and may want to make plans to pay less in taxes, for which they may need the help of an NRI Tax Consultant.
An Indian national or a PIO who does not live in India is a “non-resident Indian”. The amount of tax that applies to a person varies depending on where they live. Therefore, determining a person’s residency status each year is necessary.
Why choose PKC Consulting as your NRI Tax Consultant?
01
Hassle-free Tax Filing
We will help you e-file your taxes without any hassle in a way that maximizes your tax refunds and minimizes your tax liability.02
Prompt & Professional
We provide prompt, professional, and courteous service to every client. Our experts are always up-to-date on the latest changes in tax law so that we can provide you with the most accurate and comprehensive tax advice.03
Completely Digital Tax Expert
You will be assigned a dedicated Tax Expert who will get to know your business and tax situation. This way, we can provide you with tailored and comprehensive tax advice with support that is 100% online!04
Transparent rack-rate pricing
We don’t believe in hidden fees or surprises. Our pricing is transparent and easy to understand so that you know exactly what you are paying for.05
Expert Tax Advice
Get access to our team of expert tax consultants who will guide you through the entire tax filing process every step of the way.Our Taxation Advisory and Services
Income tax auditing and filing
Correct tax preparation and planning will support the expansion of your company.
Internal Audit
Evaluating and improving the effectiveness of your internal controls, risk management processes, financial books, etc.
Accounting Services
We can help you with the entire accounting process, from bookkeeping and financial statements to payroll management and tax compliance.
Company Law Compliances
PKC experts can guide you through the process of incorporating your company and ensuring that all statutory filings are up-to-date.
Registration Services
Prompt registration for GST, PAN, TAN, STPI (For IT Companies) and Import/Export licences.
Individual Tax Advisory
Consulting and hassle-free handholding for tasks such as income tax return filing, DTAA Advisory, and tax planning.
Capital Gain Advisory
Expert planning for Tax & Property sale, succession and inheritance, repatriation advisory & assistance, etc.
NRI Tax Consultant
Complete oversight of NRIs and foreign subsidiaries’ financial operations and statutory compliance.
CFO Services
Get the financial leadership your company needs without worrying about full-time employment.
Obtain the most outstanding financial counsel for your company. We take care of funding, compliances, accounting, and reporting.
Frequently Asked Questions
1) If the tax withheld at the source exceeds the NRI’s real tax due, the NRI may only claim a refund after filing a return and paying interest.
2) If an NRI has lost money selling long-term or short-term investments, they might carry those losses over to subsequent years.
3) The NRI will be better able to comply with the Repatriation Rules for Income and Assets Held in India when they return to India if they have information on the paperwork of all of their assets and income both in India and abroad.
1) Interests on NRE and FCNR accounts.
2) Interest on bonds and certificates of savings issued by the government.
3) Dividends from domestic company shares.
Income obtained in India is not restricted to income derived from sources located inside its national borders. Therefore, even if they might have been received elsewhere, some money might be considered to have been generated in India. More information can be obtained from your tax advisors, like PKC Consulting, as rules vary depending on the residency status.
For individuals and businesses who are residents in India, their worldwide income is taxable. However, non-residents are only required to pay taxes on income obtained from sources or activities in India.
Investments in permitted schemes and donations to recognised charity organizations are some ways to lower the tax.
