Key Benefits of Lower Tax Deduction Services for NRIs in India

FinanceMon Apr 15 2024

Source: Key Benefits of Lower Tax Deduction Services for NRIs in India

For NRIs, one of the key challenges lies in managing their tax liabilities in India while living abroad. With various sources of income such as rent from property, dividends, capital gains, and interest on investments. The lower tax deductions for NRIs help in reducing their tax burden and promoting ease of doing business in India. The Indian government has implemented lower tax deduction rates for NRIs on various investments, including fixed deposits, mutual funds, and real estate.