TaxClue

Ask Veda

TaxClue AI · Active
Namaste! I'm Veda — TaxClue's AI compliance assistant. 🙏

Ask me anything about GST, ITR, Company registration, Trademark, FSSAI or any compliance topic. When you're ready, I'll connect you with our expert for a free callback.
Share your details — our expert will call you
Powered by TaxClue · India's Trusted Compliance Platform
Income-Tax Guide · AY 2026-27

NRI Taxation in India —
Status, India Income & DTAA

How your residential status is decided by the 182-day rule, which India-source income is taxable, how NRO, NRE and FCNR accounts are taxed, the Section 195 TDS on property, and how to claim DTAA relief.

Updated for FY 2025-26 CA Reviewed NRI & RNOR Guide
182days = residency test
India-onlyincome taxed
12.5%property LTCG
90+DTAA countries
Quick Answer

You are a Non-Resident Indian (NRI) for a year if you stay in India for fewer than 182 days (or fewer than 60 days when India-source income exceeds Rs 15 lakh, combined with 365 days across the prior 4 years). An NRI is taxed only on India-source income — foreign salary and foreign earnings are not taxed in India. NRE and FCNR interest is exempt; NRO interest bears 30% TDS; the sale of Indian property triggers TDS under Section 195 on the full sale value. NRIs do not get the Section 87A rebate.

Status test < 182 days
India income Taxable
NRE / FCNR interest Exempt
NRO interest 30% TDS
"Financial Year" vs the Income-tax Act, 2025

The residential-status rules of Section 6 of the Income-tax Act, 1961 have been re-enacted, largely unchanged, in the Income-tax Act, 2025 effective AY 2026-27; some references style the period as "Tax Year 2026-27". The 182-day / 60-day tests, the NRI, RNOR and resident categories, and DTAA relief all continue. This page uses the familiar FY 2025-26 (AY 2026-27) naming. Confirm your position against the latest wording on incometax.gov.in.

Section 6

Resident vs NRI vs RNOR — Status & What Is Taxed

Your residential status for the year decides the scope of income taxed in India. NRIs and RNORs escape tax on foreign income; only a resident-and-ordinarily-resident (ROR) is taxed on worldwide income.

StatusBroad test (stay in India)India incomeForeign income
Resident & Ordinarily Resident (ROR)≥182 days, and resident in 2 of prior 10 yrs, and ≥730 days in prior 7 yrsTaxableTaxable (worldwide)
Resident but Not Ordinarily Resident (RNOR)Resident, but NRI in 9 of prior 10 yrs, or ≤729 days in prior 7 yrsTaxableMostly not taxable*
Non-Resident Indian (NRI)<182 days (or <60 days if India income > Rs 15L)TaxableNot taxable

* RNOR: foreign income is not taxed unless it is from a business controlled or profession set up in India. A "deemed resident" rule can treat an Indian citizen with no tax liability abroad as resident regardless of days of stay.

NRIs do not get the 87A rebate or senior-citizen exemption

The Section 87A rebate (income up to Rs 12 lakh tax-free under the new regime) and the higher basic-exemption limits for senior citizens are available to residents only. An NRI is taxed from the first rupee of India-source income under the applicable slab, so filing an ITR to reclaim excess TDS is often worthwhile even on modest income.

What is taxable

India-Source Income Taxable for an NRI

An NRI is taxed on income that accrues, arises or is received in India. The new tax regime is the default (basic exemption Rs 4 lakh); the old regime with deductions remains optional. Common India-source income and its TDS:

Income typeTaxable?TDSNotes
Salary for services rendered in IndiaYesSlabEmployer deducts TDS on salary
Rent from Indian propertyYesu/s 195Tenant deducts TDS; 30% standard deduction u/s 24(a) on annual value
Capital gain on listed equity / equity MFYesLTCG 12.5% over Rs 1.25L (112A); STCG 20% (111A)
Capital gain on immovable propertyYesu/s 195LTCG 12.5%, no indexation; buyer deducts TDS on full sale value
Interest on NRO accountYes30%+ surcharge & cess; DTAA can reduce the rate
Dividend from Indian companyYes20%u/s 195; DTAA often 10–15% with TRC + Form 10F
Interest on NRE / FCNR accountExemptNilExempt while NRI status is maintained
Foreign salary / foreign business incomeNoNilEarned and received abroad — outside Indian tax for an NRI

Rates are for FY 2025-26 (AY 2026-27). Capital-gains rates follow the regime effective 23 July 2024; the 20%-with-indexation option on old property is a resident-only choice and is not available to NRIs.

Selling Indian property or unsure what TDS applies to your income?

Talk to an NRI Tax Expert →
Bank accounts

NRO vs NRE vs FCNR — Tax & Repatriation

The account you route money through changes both the tax and how freely you can repatriate. In short: NRE and FCNR interest is tax-free; NRO interest is taxed at 30% TDS.

AccountHoldsInterest taxRepatriation
NRO (Non-Resident Ordinary)India income — rent, dividends, pension30% TDS · taxableUp to USD 1M / year, after tax
NRE (Non-Resident External)Foreign earnings converted to INRExemptFreely repatriable
FCNR (Foreign Currency NR)Foreign earnings in foreign currencyExemptFreely repatriable, no FX risk

NRE/FCNR interest exemption applies only while NRI status is maintained. On return to India as ROR, the interest becomes taxable.

Update the bank when your status changes

When you become a resident again, NRE/FCNR interest stops being exempt and NRE accounts must be redesignated (typically to a resident or RFC account). Continuing to claim exemption after your status changes is a common error flagged during assessment.

Relief from double tax

DTAA — Avoiding Tax in Two Countries

India has DTAAs with 90+ countries (USA, UK, UAE, Canada, Australia, Singapore, Germany and more). Relief is given either by exemption in one country or by a tax credit for tax paid in the other (Section 90). It usually shows up as a lower TDS rate at source.

IncomeStandard TDSWith DTAAHow to claim
NRO interest30%10–15% (many treaties)TRC + Form 10F to the bank
Dividends20%10–15% (most treaties)TRC + Form 10F to the company before payment
Royalty / technical fees20%10–15%TRC + Form 10F to the payer
Capital gain on property12.5% LTCGOften taxable only in IndiaClaim while filing the Indian ITR

DTAA rates vary by country. A beneficial-ownership declaration may also be required by the deductor.

How to claim DTAA relief

Get a TRCTax Residency Certificate from your country
File Form 10FOnline on the income-tax portal
Give it to the payerBank / company deducts at the DTAA rate
File Indian ITRITR-2; claim TDS & foreign-tax credit
Claim refundExcess TDS refunded to your account
Submit Form 10F before the income is paid

A lower DTAA rate can only be applied at source if the TRC and Form 10F reach the deductor before payment — TDS cannot be reduced retroactively. If the standard rate was already deducted, you recover the excess only by filing your Indian ITR (ITR-2) and claiming a refund.

Compliance

When Must an NRI File an Indian ITR?

  • India-source income exceeds the basic exemption (Rs 4 lakh, new regime)
  • Capital gains arise on Indian assets — even if TDS was fully deducted
  • Excess TDS is to be refunded (very common for NRIs)
  • You want to carry forward a capital loss
  • DTAA relief / foreign-tax credit is to be claimed
  • ITR-2 for investment income & capital gains (ITR-1 is not available to NRIs)

Want your NRI return, DTAA relief and TDS refund handled end to end?

Get NRI ITR Help →
Government sourcesResidential status & NRI rules: incometax.gov.in · Section 6 residential status; Section 90 DTAA relief; Section 195 TDS on non-residents · Capital-gains regime effective 23 July 2024 (Finance Act 2024): LTCG 12.5%, no indexation for NRIs · DTAA relief: Tax Residency Certificate + Form 10F (income-tax portal)
People also ask

NRI Taxation — Frequently Asked Questions

Status & Basics
What is the NRI status criteria under Indian tax law?
You are a Non-Resident Indian (NRI) for a year if you stay in India for fewer than 182 days during that year. A tighter test applies if your India-source income exceeds Rs 15 lakh: the threshold drops to 60 days in the year combined with 365 days across the preceding 4 years. These residential-status rules sit under Section 6. A separate RNOR (Resident but Not Ordinarily Resident) status applies to those who qualify as resident but were NRI in 9 of the preceding 10 years or in India 729 days or fewer in the preceding 7 years.
Is foreign income taxable in India for an NRI?
No. An NRI is taxed only on India-source income — income that accrues, arises or is received in India. Foreign salary, foreign business income and other earnings received outside India are not taxable in India for an NRI. Only a Resident and Ordinarily Resident (ROR) is taxed on worldwide income.
What is RNOR status and why does it matter?
RNOR (Resident but Not Ordinarily Resident) is a transitional status for returning NRIs. You are taxed on India-source income like a resident, but your foreign income generally stays exempt (unless it is from a business controlled or profession set up in India). RNOR typically lasts up to two or three years after return, giving time to manage or repatriate foreign assets before full worldwide taxation begins as an ROR.
Do NRIs get the Section 87A rebate or senior-citizen exemption?
No. The Section 87A rebate — which makes income up to Rs 12 lakh tax-free under the new regime for residents — and the higher basic-exemption limits for senior citizens are available to residents only. An NRI is taxed from the first rupee of India-source income at the applicable slab, which is why NRIs often file an ITR simply to reclaim excess TDS.
Bank Accounts
What is the difference between NRO, NRE and FCNR accounts for tax?
NRO (Non-Resident Ordinary) accounts hold India income such as rent, dividends and pension; interest is taxable with 30% TDS. NRE (Non-Resident External) accounts hold foreign earnings converted to INR; interest is fully exempt from Indian tax. FCNR (Foreign Currency Non-Resident) accounts hold foreign earnings in foreign currency; interest is also exempt. NRE and FCNR funds are freely repatriable; NRO repatriation is capped at USD 1 million per year.
Is NRE account interest taxable in India?
No, interest on an NRE account is fully exempt from Indian income tax while you hold NRI status. The same applies to FCNR account interest. The exemption stops once you become a resident (ROR) — at that point NRE interest becomes taxable and the account normally has to be redesignated.
How much TDS is deducted on NRO account interest?
Interest on an NRO account attracts TDS at 30% (plus applicable surcharge and 4% cess). If a DTAA applies between India and your country of residence, you can reduce this — often to 10–15% — by submitting a Tax Residency Certificate and Form 10F to the bank before the interest is credited.
Property & Capital Gains
What TDS applies when an NRI sells property in India?
When an NRI sells immovable property in India, the buyer must deduct TDS under Section 195 (not the resident provision that applies to seller-side property TDS). Broadly, long-term capital gains (property held over 24 months) attract 12.5% plus surcharge and cess, and short-term gains attract 30% plus surcharge and cess. TDS is on the full sale consideration, not just the gain. An NRI can apply to the tax officer for a lower or nil TDS certificate before the sale to avoid over-deduction.
How is capital gain on Indian property taxed for an NRI?
Long-term capital gain on immovable property (held over 24 months) is taxed at 12.5% without indexation. The option some resident individuals have — to choose 20% with indexation for property bought before 23 July 2024 — is not available to NRIs. Short-term gain is taxed at slab-style rates. Exemptions under Sections 54, 54F and 54EC (reinvestment in a house or specified bonds) can reduce or eliminate the tax.
How is rental income from Indian property taxed for an NRI?
Rent from Indian property is taxed under house property. You get the flat 30% standard deduction under Section 24(a) on the net annual value, plus a deduction for home-loan interest under Section 24(b) (up to Rs 2 lakh for a self-occupied house in the old regime; the full interest for a let-out property, with the set-off of house-property loss capped at Rs 2 lakh a year). The tenant must deduct TDS on the rent under Section 195.
How are listed shares and mutual funds taxed for an NRI?
For listed equity shares and equity mutual funds, long-term capital gains are taxed at 12.5% on gains above Rs 1.25 lakh a year under Section 112A, and short-term gains at 20% under Section 111A. These are the same rates that apply to residents. Dividends are taxed at slab rates with 20% TDS deducted at source under Section 195, reducible under a DTAA.
DTAA
What is the DTAA benefit for NRIs and how do I claim it?
A DTAA (Double Taxation Avoidance Agreement) stops the same income being taxed in both India and your country of residence. India has DTAAs with 90+ countries. Relief is given by exemption or by a tax credit under Section 90 and usually appears as a lower TDS rate. To claim it, obtain a Tax Residency Certificate (TRC) from your country and file Form 10F on the income-tax portal, then give both to the Indian payer before the income is paid, or claim the relief when you file your Indian ITR.
What is Form 10F and is it mandatory?
Form 10F is a self-declaration giving details not already contained in your Tax Residency Certificate — such as your foreign address, tax-identification number and PAN. It must be filed electronically on the income-tax portal and, together with the TRC, submitted to the deductor to obtain the lower DTAA TDS rate. Without a valid TRC and Form 10F, the deductor applies the standard (higher) TDS rate.
Can I get a DTAA rate applied after TDS is already deducted?
No — a lower DTAA rate can only be applied at source if the TRC and Form 10F reach the deductor before the income is paid; TDS cannot be reduced retroactively. If the standard rate was already deducted, you recover the excess by filing your Indian ITR (ITR-2), claiming the correct DTAA treatment and receiving the difference as a refund.
Filing
Is ITR filing mandatory for NRIs?
An NRI must file an Indian ITR if India-source income (before DTAA relief) exceeds the basic exemption limit — Rs 4 lakh under the default new regime for AY 2026-27. Filing is also needed when capital gains arise on Indian assets even if TDS was deducted, to claim a refund of excess TDS, to carry forward a capital loss, or to claim DTAA / foreign-tax credit. NRIs cannot use ITR-1.
Which ITR form should an NRI use?
NRIs generally file ITR-2 for salary, house property, capital gains and other investment income, or ITR-3 where there is India business or professional income. ITR-1 (Sahaj) is not available to non-residents. Report India-source income, any DTAA relief in the FSI/TR schedules where applicable, and reconcile TDS credits before claiming a refund.
TaxClue for NRIs worldwide

NRI Taxes, DTAA & TDS Refunds — Handled

Our CA-led team files your NRI return, applies DTAA relief with TRC and Form 10F, manages Section 195 TDS on property and recovers excess TDS as a refund — 100% online, wherever you live.

NRI tax question?Talk to TaxClue →
WhatsApp Expert File NRI ITR