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Ajay Sawhney and Associates is one of the oldest NRI Taxation CA FIRM in Delhi, India. Company provides services related to corporate and investment for NRIs. Advice on Joint Ventures, Management Consultancy, and Accounting Services including Accounting for Municipal Bodies is some of our services that we deliver to our clients.
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NON RESIDENTS INDIAN www.nonresidents.in NRI Taxation Services NRI Investment Advisory Purchase And Sale Of Property
NRI Taxation An Indian abroad is popularly known as Non-Resident Indian (NRI). NRI status is legally defined under the Foreign Exchange Management Act, 1999 and the Income- tax Act, 1961 for applicability of respective laws. We prove various NRI service India like NRI financial services, NRI legal services. The term non-resident is negatively defined under section 6 of the Income-tax Act, 1961. An individual who is not a resident under the Income-tax Act is a non-resident. The residential status of an Individual is determined based on the number of days of stay in India. Financial year (FY) is April to March.
Income tax returns Your taxable income in India during the year was above the basic exemption limit of Rs 1.8 lakh OR You have earned short-term or long-term capital gains from sale of any investments or assets, even if the gains are less than the basic exemption limit. There are two exceptions: If your taxable income consisted only of investment income (interest) and/or capital gains income and if tax has been deducted at source from such income, you do not have to file your tax returns. If you earned long term capital gains from the sale of equity shares or equity mutual funds, you do not have to pay any tax and therefore you do not have to include that in your tax return
Tax Planning Indian laws have been made much simpler in case of NRIs but the issues remain because of different varieties of conditions that exist with different people. First step in tax planning is to ensure that people are not taxed twice just because they worked in two or more countries in a year and by different rules, they are expected to pay taxes on all their income
Tax consultancy We are helping you in the following areas: NRI Taxation Services NRI Investment Advisory Foreign Investment Taxation Setting up business in India Purchase and Sale of Business Loans for NRI Purchase and Sale of Property
NRI Taxation CA FIRM in Delhi, India Ajay Sawhney and Associates’ is one of the oldest NRI Taxation CA FIRM in Delhi, India. Company provides services related to corporate and investment for NRIs. Advice on Joint Ventures, Management Consultancy, and Accounting Services including Accounting for Municipal Bodies is some of our services that we deliver to our clients.
contact: - Contact Person: Ajay Sawhney Address: Ramesh Nagar, New Delhi-110015 Mobile: +91-98999-37999, +971 52 898 7771 Email: sawhneyaj@hotmail.com, sawhneyaj1@gmail.com Sawhneyaj Website:http://www.nonresidents.in Facebook:https://www.facebook.com/nonresidents.in