Best NRI Taxation Services in Chandigarh, Mohali and Panchkula
We are a team of dedicated Chartered Accountants (CA), Company Secretaries (CS), Certified Management Accountants (CMA), ACCAs, CPAs & Advocates committed to delivering unparalleled Accounting, Tax, and Advisory services to individuals and businesses alike.
“Unlock financial freedom with expert tax solutions tailored for both residents and non-residents alike!”
To explore the services provided to residents in India, please click on the “Domestic” tab.
Our Specialized Services for NRIs
Sale of NRI Properties in India
(Examining Tax Consequences for Non-Resident Indians Regarding Assets and Income in India.)
- CAPITAL GAIN TAX PLANNING
- LOWER TDS CERTIFICATE
NRI REPATRIATION Services
(We assist NRIs, OCIs, and PIOs with Form filing for remittances. Additionally, we aid in communication with banks for smooth repatriation.)
- FORM 15CA 15CB
- OTHER CA SERVICES
INVESTMENT CONSULTANCY
(Guidance on various investment options in India, such as mutual funds, primary market, secondary market, real estate, etc.)
- Portfolio Management- shares | Mutual funds etc.
- investment in real estate / Gold
NRI Representative Office Assistance
(We comprehensively manage backend operations for clients, enabling them to focus on critical business areas. Ideal for those without an India setup or preferring to outsource non-core tasks for cost efficiency.)
- Accounting and MIS
- Accounting and Reporting
- Third-party Liaison such as vendors/customers/others
NRI Property Management and Support
(NRIs often seek property in India for future returns or investment. Various transactions include buying, inheriting, leasing, selling, gifting, or relinquishing property.)
- Property Search Aid
- Legal Consultation
- Power of Attorney Representation
- Renting and Leasing Support
BOOK-KEEPING & ACCOUNTING
(We handle bookkeeping and accounting tasks for NRI-owned businesses.)
We provide outsourcing services for bookkeeping and accounting to businesses in Australia, Canada, and the USA. This allows them to focus on core competencies while we seamlessly handle the accounting function from our office in India.
INCOME TAX FILING FOR NRIs IN INDIA
NRIs, OCIs, PIOs, and Expatriates must comply with various laws and regulations, including filing Income Tax Returns (ITRs) in India for taxable income.
Transfer Pricing
The Firm offers Transfer Pricing services for international and domestic matters, including advising, benchmarking, audit, documentation, and assessment.
WHY US:
We highly value your time and recognize the importance of proactively addressing tax-related matters. We believe in providing timely and accurate advice to our clients. To achieve this goal, Employs specialized and advanced software for client documentation and management. Our system ensures secure cloud storage for your documents, enabling easy retrieval and referencing in the future.
We streamline client communication and data exchange through our dedicated client portal, ensuring that all relevant stakeholders are consistently informed about matters of importance. The portal allows you to access information anytime and from anywhere. For more information, feel free to reach out to us for personalized tax solutions or explore our unique online service options.
Frequently asked questions regarding business and taxation.
The Government of India imposes a tax on individuals earning income within the country. This tax is enforced through legislation known as the Income Tax Act, which was enacted by the Indian Parliament.
A tax deduction reduces the taxable income, while a tax credit directly reduces the amount of tax owed. Deductions are subtracted from income, while credits are subtracted from the tax liability.
Earnings in India extend beyond the geographical confines of the nation, encompassing income generated both within and outside its borders. Some incomes are considered to have been earned in India, even if derived from activities conducted beyond the country’s boundaries.
You are required to keep evidence of earnings and maintain records as specified by the Income Tax Act for each source of income. If specific records are not prescribed, it is advisable to maintain a reasonable level of documentation to substantiate your income claims.
Typically, income tax becomes due upon the conclusion of the previous year. However, to facilitate smoother fund collection for the government’s diverse activities, the Income Tax Act requires the payment of taxes in advance during the year in which the income is earned. Taxes may also be withheld on your behalf through mechanisms like TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) during the previous year. If, upon filing your return, you discover that there is additional tax to be paid after considering advance tax, TDS, and TCS, the shortfall should be settled as Self-Assessment Tax.