An Overview
VIJAY B KUMAR & Co Chartered Accountant firm has specialized area of practice for NRI Taxation that involves providing tax advisory, compliance, and planning services to non-resident Indians (NRIs).
NRIs are individuals who are Indian citizens or persons of Indian origin but reside outside India for employment, business, or other purposes.
Our Services
VIJAY B KUMAR & Co Chartered Accountants who specialize in NRI taxation are well-versed in the tax laws and regulations governing NRIs and are able to provide tailored advice and services to meet the unique needs and circumstances of their clients. Some of the areas that NRI taxation practice may cover include:
- Income tax compliance: VIJAY B KUMAR & Co Chartered Accountants firm can help NRIs comply with Indian income tax regulations by filing tax returns, obtaining tax clearances, and ensuring proper tax withholding on income earned in India.
- Investment planning: NRIs have a variety of investment options in India, including real estate, stocks, and mutual funds. VIJAY B KUMAR & Co Chartered Accountants firm can help NRIs navigate these options and develop tax-efficient investment strategies.
- Double taxation avoidance: NRIs may be subject to taxation in both India and their country of residence. VIJAY B KUMAR & Co Chartered Accountants firm can help NRIs avoid double taxation by taking advantage of tax treaties between India and other countries.
- Estate planning: NRIs may have assets in India that are subject to estate tax. VIJAY B KUMAR & Co Chartered Accountants firm can help NRIs develop estate plans that minimize tax liabilities and ensure the smooth transfer of assets to heirs.
- NRI-specific tax issues: NRIs may face unique tax issues, such as the tax implications of remitting money to India or the taxation of income earned in India but received abroad. VIJAY B KUMAR & Co Chartered Accountants firm who specialize in NRI taxation are familiar with these issues and can provide advice and guidance to ensure compliance with Indian tax laws.