What are Tax Implications of NRI?

PK Posted by: Praveen Kumar
• 16 September, 2025
3 Reply

The tax implications of an NRI from the Income from salary are 
 

-If NRI gets any salaries from the services provided in India. 

-Any form of salary received by an NRI in India. 

-Income from rental property in India

-Capital gains earned on the transfer of assets located in India. 

-If an NRI gets revenue from a fixed deposit. 

-Getting Interest on savings bank accounts.

Tags : Tax Implications of NRI

  • Anika Nair 22 September, 2025

    What is the taxable income for NRIs? 

    • SJ
      Shubham Jain 23 September, 2025

      The taxable income for the NRIs is: 

       

      • Any income received from salary: If you are an NRI and you get a salary in India, then you will be taxed in India. However, the ambassadors' and the diplomats' income is exempt from tax. 
      • Income from Property: If an NRI's income is generated through house property, then it is taxable in India. An NRI can claim a 30% tax deduction on the property and get benefits from the deductions from a home loan. 
      • Rental Payments to an NRI: Any tenant who is living on a rent of the NRI property, then to the NRI owner must deduct the TDS at 30% when the tenant is paying rent. 
      • Income From Other Sources: Interest earned from savings accounts or fixed deposits in an Indian bank account is taxable in India. However, the interest on NRE or FCNR account is tax-free. 

       

  • Gauri Saxena 19 September, 2025

    The tax slabs for the NRI on ba sis of their income are: 

     

    • Salary Income: Any income generated in India is taxable at income slab rates. 
    • Capital Gains Tax: The NRI is taxable on the capital gains at a 12.5% or 20% slab rate with surcharges and cess. It also depends on the period of holding and the nature of the capital asset. 
    • Rental Income: This is taxable in India, and an NRI can claim a 30% standard deduction on the municipal tax paid and the rental income. 

     

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