Assessment · Live · FY 2024–25

NRI Tax Exposure Assessment

Answer a few questions and see your India residential status, what's taxable, and your action items — updating live on the right.

🗓️ Days physically present in India (FY 2024-25)

Count every day you set foot in India this financial year. The 182-day line, and the 60-day + 365-day rule, decide your status.

Days in India this year 1 Apr 2024 – 31 Mar 2025
DAYS
📆 Days in India — previous 4 years combined

Used for the 365-day test (60+60 rule) and for RNOR. Add up the four prior financial years.

💼 Income sources in India

Any income arising in India is taxable for an NRI regardless of residential status.

🏦 Indian bank accounts

NRIs cannot hold resident savings accounts — they must be NRE / NRO under FEMA.

🏠 Property in India

Rental attracts 30% TDS and an ITR; a sale triggers capital gains and FEMA repatriation limits.

📄 ITR filing — last 3 years

Even nil-income NRIs may need to file to claim TDS credits and avoid notices.

🏢 Indian company interest

Directorship carries annual DIN KYC and foreign-directorship disclosure in your ITR.

🧾 Inherited assets / HUF

A dormant HUF with income can accumulate penalties — it needs filing or dissolution.

🎁 Gifts / transfers from India

Gifts from relatives are exempt; from non-relatives above ₹50,000 a year are taxable.

Your NRI tax action plan

Identified risk areas
Recommended action items
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Disclaimer: Indicative assessment based on the Income-tax Act residency rules (Sec 6) and FEMA. Actual status can depend on Indian-source income, deemed-residency and DTAA tie-breakers. Confirm with a professional before filing.

Residential status — the day-count rules

Your India tax liability is decided first by how many days you spend in India, not by your passport. Under Section 6 of the Income-tax Act, you are a Resident for a financial year if you satisfy either basic condition below; otherwise you are a Non-Resident (NRI).

182 days
Basic rule: 182 or more days in India in the year makes you a Resident, full stop.
60 + 365
Second rule: 60+ days this year and 365+ days across the previous 4 years also makes you Resident (the 60-day limit is relaxed to 182 for many NRIs working abroad).
730 days
RNOR test: a Resident who was Non-Resident in 9 of the last 10 years, or in India under 730 days over the last 7 years, is RNOR.
This tool uses these exact thresholds live: 182+ days → Resident; 61–181 days with 365+ prior days → likely RNOR; otherwise Non-Resident.

Resident, RNOR or NRI — what's taxable

The three statuses are taxed very differently. An NRI is taxed only on income that arises in India; a full Resident is taxed on worldwide income; RNOR sits in between with a valuable window on foreign income.

Non-Resident (NRI)
Taxed only on Indian-source income — rent, capital gains on Indian assets, interest on NRO, Indian salary. Foreign salary and overseas income are fully outside India's net.
RNOR
Taxed on Indian income plus foreign income only if it is from a business controlled in India. A typical returning NRI's foreign income stays tax-free for the RNOR years — a key planning window.
Resident
Taxed on worldwide income — Indian and foreign salary, overseas rent, global capital gains. Foreign assets and bank accounts must also be disclosed in the ITR.

DTAA, TDS & key NRI concepts

DTAA relief

India's Double Taxation Avoidance Agreements with 90+ countries let you avoid paying tax twice on the same income — via exemption or a foreign tax credit. Claim it with Form 10F and a Tax Residency Certificate (TRC).

TDS for NRIs

Payers deduct tax at source at higher NRI rates — 30% on rent, up to 20% on capital gains, 30% on NRO interest. Filing an ITR is how you reclaim the excess as a refund.

NRE vs NRO accounts

NRE holds foreign earnings — fully repatriable with tax-free interest. NRO holds Indian income — interest is taxable and repatriation is capped at USD 1M a year with Form 15CA/CB.

Which ITR to file

Most NRIs file ITR-2 (income other than business). NRIs with Indian business or professional income use ITR-3. The due date is 31 July, extendable when accounts need audit.

Frequently Asked Questions
How is residential status determined for NRIs under Indian income tax law?

An individual is a Resident if they stay in India for 182 days or more in a financial year, or 60 days or more in the current year AND 365 days or more in the preceding 4 years. Individuals who are Indian citizens or PIOs and whose Indian income exceeds Rs 15 lakh have a modified threshold of 120 days.

What income is taxable for an NRI in India?

NRIs are taxed only on income sourced in India: salary earned in India, rental income from Indian property, capital gains on Indian assets, dividends from Indian companies, and interest from NRO accounts. Income from NRE and FCNR accounts is fully exempt from Indian tax.

What is the TDS rate on rent paid to NRIs?

If an NRI earns rental income from property in India, TDS must be deducted by the tenant at 30% (plus applicable surcharge and cess) under Section 195, regardless of the rent amount. The NRI can apply for a lower deduction certificate under Section 197 if the actual tax liability is lower.

Can NRIs invest in mutual funds and stocks in India?

Yes. NRIs can invest in Indian equity mutual funds, stocks (through NRE/NRO demat accounts under the Portfolio Investment Scheme/PIS), and debt funds subject to FEMA regulations. Some fund houses do not accept investments from US or Canada-based NRIs due to FATCA compliance requirements.

Is an NRI required to file an ITR in India?

An NRI must file an ITR in India if their total taxable Indian income exceeds Rs 2,50,000 or if they want to claim a refund of excess TDS deducted. NRIs are not eligible for the new tax regime's Rs 12 lakh rebate and must pay tax as per applicable slabs.

Disclaimer: This tool gives indicative results for general guidance only and is not professional advice. Please verify with a qualified CA before acting on the numbers.