When it comes to NRI income tax return filing services in Varanasi, accuracy, professionalism, and expertise matter. My Startup Solution offers NRIs the most reliable, transparent, and efficient tax filing services. Whether your income is from property, investments, business, or global sources, we specialize in managing every tax filing aspect with precision. Our team of dedicated professionals ensures that your NRI status, double taxation reliefs, capital gains, and exemptions are handled correctly. Say goodbye to confusing paperwork and hello to a smooth tax filing experience. With us, NRIs can focus on their goals while we take care of their taxes seamlessly!
Of course, if your total tax payable in India is more than INR 2.5 lakh in a financial year, you are required to file an ITR. Even if your income is less than the exemption threshold, it is better to file to receive TDS refunds, escape notices, and maintain clean financial records. Filing returns is also compulsory if you have any capital gains, even less than INR 2.5 lakh. Filing returns on time makes the finances clear and hassle-free transactions with respect to Indian assets, properties, and accounts.
Need a professional NRI tax consultant India for your filings? We proudly support NRIs globally with an Indian touch of professionalism and care. Our consultants stay updated on the latest amendments in Indian tax laws impacting NRIs, so your returns are always in sync. Whether you are in a quandary about DTAA, foreign income disclosure, or are perplexed about how to file after selling property, we support you step by step. Our services are available remotely through online consultations and secure file sharing, so tax filing is a convenient experience wherever you are.
For Non-Resident Indians (NRIs), tax treatment of income earned by NRI from outside India is extremely straightforward and simple—essentially, any foreign income that you earn is not taxable in India, provided that you fall under the conditions laid down by Indian tax laws to qualify as an NRI. Nevertheless, it is important to note that once there is a change in your residential status, such as if you become a resident or an RNOR (which is an abbreviation for resident but not ordinarily resident), your global income might actually be taxable in India. At My Startup Solution, we are dedicated to ensuring that you understand your own residential status properly, that any foreign incomes are disclosed properly when the time comes, and that we are completely compliant with the intricate framework of Indian tax laws. We also offer our services in avoiding any unwanted disclosures or penalties that might otherwise occur regarding foreign assets.
Good news? There are a lot of tax deductions and exemptions available for NRI that can lower your taxable income significantly. You can claim deductions payments for premiums on Life Insurance Corporation (LIC), investment in Equity Linked Savings Scheme (ELSS) mutual funds, deposits to the Public Provident Fund (PPF), on the condition that your residential status has not been altered, and tuition fees for educational courses. Section 80D also includes deduction of premiums paid by you on health insurance policies. To that, one can also claim donations under Section 80G, as well as interest on education loans that can be deducted under Section 80E. Here at My Startup Solution, we are committed to helping you claim every deduction you are eligible for, thereby lowering your tax liability while staying fully compliant with all relevant tax laws.
Do you know which ITR form is applicable for NRI? Typically, ITR-2 is filed if you have income from house property, capital gains, or other income like interest or dividends. ITR-3 is filed if you have business income. Filing the correct form is necessary to avoid future notices or rejection. We identify the correct form based on your income sources and ensure proper, complete, and professional filing for tax season at My Startup Solution.
The due date for filing ITR for NRI is generally July 31st of the immediately preceding year unless extended. If your overall income is above the threshold or entails capital gains, you should file on or before the due date to avoid late charges, interest, and loss of carry-forward relief for losses. We remind all our NRI clients to file in due time, well before due dates. Whether you are filing in India or abroad, we help you file your returns on time, correctly, and with less stress to achieve complete compliance and maximum fiscal peace.
Seeking trustworthy NRI tax assistance? You've come to the right place at My Startup Solution, where we specialize in delivering the Best NRI Income Tax Return Filing Services in Varanasi. We combine in-depth knowledge of Indian taxation with knowledge of international taxation, providing individualized solutions for every NRI client. We address complex filings for property sales, investments, foreign assets, and stock market profits. Our process is completely transparent, with no hidden charges. And we offer step-by-step guidance, regular updates, and individualized consultations. With us, you're choosing peace of mind for all your NRI income tax needs in Varanasi and more.
Here are the main reasons to choose My Startup Solution for NRI income tax return filing service in Varanasi
Do you require NRI Income Tax Return Filing Services in Varanasi near me that are conveniently accessible to you? Through My Startup Solution, you can be certain that you will never have to suffer from any geographical constraints. Our wide range of services is available both online and offline, which makes it very easy and convenient for you to file your tax return from any corner of the world. Be it that you just so happen to be residing in the USA, UAE, UK, Australia, or Canada, our world-class digital process enables you to securely upload all necessary documents and engage in consultations with our skilled professionals remotely. Moreover, if you are in Varanasi, you can even visit our office for a more personalized face-to-face consultation. We offer accessibility, convenience, and expertise - all under one single roof, ensuring an end-to-end service experience tailored to your needs.
At My Startup Solution, offering the Best NRI Income Tax Return Filing Services in Varanasi is not something that we want to do—it is a firm determination towards our clients. Our strongest areas are in meticulous documentation procedures, precise and accurate calculations of taxes, correct choice of the right ITR form, and optimization of all permissible deductions that you can be eligible for. Besides, we offer our services to include special support with the foreign asset disclosure rules, taking advantage of repatriation certifications, and offering expert advisory services for the avoidance of double taxation. Whether you have rental house income, stock investment income, or some other type of foreign income, we make sure that your ITR filing process is completely in line with legal standards and at the same time highly advantageous to you. Our ultimate goal is to assist you in getting the maximum refund possible while evading any penalties and legal issues that can occur in India.
Our NRI tax services include all that you would ever need as an NRI tax payer. Whether it is income tax return filing, TDS refund, capital gains planning, reporting foreign assets, or Tax Residency Certificate (TRC), we offer them all. We also assist in tax-efficient investment planning and repatriation of money to your home country. At My Startup Solution, you're not just hiring an accountant—you're hiring a trusted tax advisor. Where you're residing or how diverse your sources of income are, we make your Indian taxation simple and assist you in achieving the highest financial yields.
One of the largest concerns most frequently voiced by Non-Resident Indians (NRIs) is the likelihood of paying tax in both India and the country of current residence. Thankfully, thanks to the Double Tax Avoidance Agreement (DTAA) for NRIs, there is plenty of money to be saved on taxes! India has signed DTAA agreements with many countries, which serve the purpose of avoiding double taxation. At My Startup Solution, we offer professional services to help you get a Tax Residency Certificate (TRC), file Form 67 properly, and get credit for foreign tax paid overseas. By applying the provisions of DTAA properly, you can actually lower your overall incidence of tax and also ensure full compliance with tax laws. We remove the hassle of filing DTAA claims, processing refunds, and filing declarations, while placing NRIs in a good position to fully enjoy every treaty provision to which they are entitled.
Sale of property or shares in India results in capital gain income for NRI. Short-term gains (sold within 24 months) or long-term gains (held for over 24 months), taxes are imposed at rates prescribed. We help NRIs compute these gains accurately, applying indexation as allowed, and advise on exemptions like reinvestment in a new property or bonds (under Section 54 and 54EC). We also help in claiming refunds in case more than necessary TDS was paid by buyers during sale of properties. Accurate filing of capital gains ensures smooth transactions, compliance, and better financial outcomes for NRIs.
Most Non-Resident Indians, or NRIs, earn a large part of their income from Indian properties owned by them. In such a case, it becomes mandatory and legally binding on their part to adhere to the duty of paying property rental income tax . Tenants of such properties are required to deduct 30% Tax Deducted at Source (TDS) before they actually make the payment of rent to the NRIs who are the owners of the property. At My Startup Solution, we are committed to providing you with end-to-end assistance in making proper disclosure of such rental income, ensuring you claim all the valid deductions that are available to you, including the general deduction of 30%, payment of property taxes, and payment of interest on house loans. Moreover, in cases where an excess amount of TDS has been deducted from the payment of rent, we take proper steps to ensure you get your refunds on time and without any delay. Proper disclosure of your rental income not only keeps your records clean and transparent in the eyes of Indian tax authorities but also ensures a hassle-free process for the repatriation of the rental income to your account abroad.
If you are an NRI investor in the Indian stock market, it is important to understand Stock Market Income Tax for NRI. Profits earned are categorized into short-term or long-term capital gains depending on the holding period. Short-term profits are taxed at 15%, and long-term profits over INR 1 lakh at 10%. We at My Startup Solution correctly compute your profits, claim DTAA wherever due, and file them under the correct ITR schedules. Our professionals also help you claim refunds on excess TDS paid by custodians or brokers.
Now, as an NRI, if you are willing to use NRI e-tax filing services, give a call to My Startup Solution. All you have to do is call +91-7081220800. Feel free to call our expert consultants directly. If your query is regarding fees, documents, or eligibility, My Startup Solution's professional team is always available to assist you.
In fact, you can simply submit your papers online through My Startup Solution due to our very safe and effective online process.
No, foreign income is not taxed unless your status is changed to resident or RNOR.
Yes, if excess TDS is deducted, we help NRIs obtain full refunds by filing ITR properly.
There can be late payments, interest charges, and issues with financial transactions in India
Yes, NRIs can invest in schemes like ELSS funds, NPS and PPF (with some restrictions) to save tax. Call My Startup Solution at +91-7081220800 to know more.
"Choosing 'My Startup Solution' for my startup's accounting needs was one of the best decisions I made. The team's dedication to accuracy and their personalized approach to my financial situation set them apart. They go above and beyond to ensure I'm well-informed and compliant, allowing me to focus on my business's growth."
"The team at 'My Startup Solution' has been a true partner in my entrepreneurial journey. Their insightful financial guidance and meticulous attention to detail have helped me navigate complex financial matters seamlessly. With their support, I can confidently steer my startup toward success, knowing that my financial matters are in capable hands."
