NRI Taxation Services
Who is an NRI and how we provide our NRI services?
An NRI is an Indian who is residing outside of India and is not under the Income-Tax Act of India but that doesn’t mean that he or she cannot do business in India. NRI’s establish their office and business here also but need to follow some rules and regulations of India. They generally face dire investments and financial issues and this is the time when you require an expert who can guide you and deliver you the best investment, legal services and NRI Taxation in India. We are backed by our office in New Delhi and cater the best accounting services in India.
Strictly following all the rules comes under FEMA for the world class foreign exchange services
Tax Consultancy Service
We cater some services that require skills like representation, planning and documentation and tax consultancy services like:
- Tax returns procedure for the individuals, NRIs etc
- Representing clients and appearing before various authorities like
- Assessing officer and Tribunal authorities.
- Tax Assistance such as tax planning, permanent account number, filling of E-Income tax etc.
We are the acing service provider to the NRIs and the ones who are non-resident in India but desire to establish their business here.
Income Tax Slab Rates For FY 2018-19(AY 2019-20)
1. Tax Rates* For Individuals for the A.Y. 2019-20:
|Tax Rates For Individuals|
|Income||Rates of Income Tax|
|Individual (Age Less than 60 Years)||Senior Citizen (Age Above 60 Years)||Super Senior Citizen (Age Above 80 Years)|
|1||Up to Rs 2,50,000||Nill||Nill||Nill|
|2||Rs 2,50,000 to 3,00,000||5%||Nill||Nill|
|3||Rs 3,00,000 to 5,00,000||5%||5%||Nill|
|4||Rs 5,00,000 to 10,00,000||20%||20%||20%|
2. Tax Rate for Corporate Assessee for the A.Y. 2019-20:
|Tax Rate for Corporate Assessee for the A.Y. 2019-20|
|Status of Taxpayer||Rates of Income-Tax|
3. Tax Rates* for Co-orporate Societies for the A.Y. 2019-20:
|Tax Rates* for Co-orporate Societies for the A.Y. 2019-20|
|Income||Rates of Income-Tax|
|1||Up to 10,000||10%|
|2||Rs. 10,000 to 20,000||20%|
*The above rates are exclusive of surcharge and cess
4. Rates of surcharge:
|Rates of Surcharge|
|50Lacs to 1 Crore||1 Crore to 10 Crore||Exceeding 10 Crore|
|2||Firm/Local Authority/Co-operative Society||Nil||12%||12%|