Foreign Investment Tax Planning in India: A Guide for NRIs
India continues to be a top investment destination for Non-Resident Indians (NRIs), thanks to its growing economy, strong financial infrastructure, and attractive returns across real estate, equities, mutual funds, and startups. However, with investment comes the responsibility of tax compliance. Effective tax planning is critical for NRIs to maximize their returns and stay compliant with Indian laws. Let’s explore the essentials of foreign investment tax planning in India and understand how engaging the right NRI tax consultant in India can make a world of difference. Understanding NRI Tax Status m Before diving into tax planning, it's important to determine your residential status. Under the Income Tax Act, 1961, your status as a resident or NRI depends on the number of days you stay in India during a financial year. Only Indian-sourced income and income received in India are taxed for NRIs. Global income is not taxable unless you qualify as a resident. Taxable Investment O...