Complete Guide to NRI Taxation in India for FY 2025-26

NRI Taxation Information & Rules

NRI Tax Rates FY 2025-26

Income Range Tax Rate Cess (4%)
Up to ₹2,50,000 0% 0%
₹2,50,001 - ₹5,00,000 5% 4%
₹5,00,001 - ₹10,00,000 20% 4%
Above ₹10,00,000 30% 4%

DTAA Benefits for NRIs

  • Double Taxation Relief: Avoid paying tax twice on same income
  • Tax Residency Certificate: Required for claiming DTAA benefits
  • Lower Withholding Tax: Reduced TDS rates under DTAA
  • Foreign Tax Credit: Credit for taxes paid in foreign country
  • Permanent Establishment: Business income taxation rules

NRI Compliance Requirements

  • ITR Filing: Mandatory if Indian income exceeds ₹2.5 lakh
  • Form 15CA/15CB: For foreign remittances above ₹5 lakh
  • Tax Audit: If income exceeds ₹1 crore
  • Form 10F: Tax residency certificate for DTAA
  • Bank Account Reporting: Report foreign bank accounts

Residential Status Rules for NRI Taxation (FY 2025-26)

Your tax liability in India depends entirely on your residential status. The Income Tax Act classifies individuals as Resident, RNOR, or NRI based on physical presence in India during the financial year and preceding years.

Status Condition Tax Scope in India
Resident ≥ 182 days in India Global income taxable
RNOR Recent return to India Indian income + foreign business income
NRI < 182 days in India Only Indian income taxable

Even a small change in days spent in India can change your tax treatment. Always calculate your residential status before filing your return.

Tax Rules for NRIs - What Income is Taxable in India - FY 2025-26

If you're an NRI living abroad but earning income in India, the tax rules depend on whether you're actually an NRI or still considered a resident. The simplest way to check: If you stayed in India for more than 182 days in a financial year, you're likely a resident. If less, you're an NRI and have different tax treatment. Your income abroad is not taxed in India as an NRI, but all income earned in India - rent from property, interest from bank deposits, capital gains from selling Indian assets - everything is fully taxable here.

For FY 2025-26, as an NRI, you're taxed at flat rates on most Indian income. Rent from property? 30% flat rate after standard deduction. Long-term capital gains from property? 20% with indexation. Short-term capital gains? 30% flat. Interest from NRO accounts? Fully taxable in your income tax slab. The good news is interest from NRE and FCNR accounts is completely tax-free. But all income where TDS is deducted, you need to calculate if any additional tax is due or if you can claim refund.

Many NRIs face confusion because of TDS. Most of your income has TDS cut at source - rent has 30% TDS, interest income has TDS depending on the amount, capital gains have TDS when you sell property. What's important is to reconcile all this TDS at the end of the year. If you've paid more TDS than your actual tax liability, you can claim refund. If you've paid less, you need to pay the balance. Our NRI calculator helps you figure this out accurately.

If you've sold property or stocks in India during the year, the capital gains tax calculation for NRIs is complex because of indexation benefits and exemptions like Section 54 and 54F. Use our capital gains calculator to understand exactly how much tax you need to pay. Also, if you have salary from India (even if working remotely), get your Form 16 and use the income tax calculator to ensure all calculations are correct.

For more details on NRI taxation and residential status rules, check the Income Tax Department's FAQ page at NRI taxation FAQs which explains residential status, which income is taxable, and special provisions for NRIs.

Which Income Is Taxable in India for NRIs?

As an NRI, only income that arises or is received in India is taxable. Foreign income earned and received outside India is not taxed in India.

Income Type Taxable in India? Remarks
Salary for services in India ✅ Yes Even if paid abroad
Rental income from Indian property ✅ Yes 30% standard deduction allowed
Interest from NRO account ✅ Yes Fully taxable
Interest from NRE / FCNR ❌ No Completely tax-free
Foreign salary / business income ❌ No Not taxable for NRIs

How to Use This Calculator

Step 1: Enter Personal Details

  • Select your residential status (NRI/RNOR/Resident)
  • Choose your country of residence
  • Enter days stayed in India during the year
  • This determines your tax obligations

Step 2: Enter Income Details

  • Enter all Indian income sources
  • Include foreign income for DTAA calculation
  • Enter TDS deducted and foreign tax paid
  • This helps calculate foreign tax credit

Step 3: Calculate & Analyze

  • Click "Calculate NRI Tax" to get detailed breakdown
  • Review tax liability and foreign tax credit
  • Check compliance requirements
  • Compare different scenarios

TDS Rates Applicable to NRIs (FY 2025-26)

Most Indian income earned by NRIs is subject to Tax Deducted at Source (TDS). In many cases, TDS is deducted at a higher rate than the actual tax payable, making it important to file ITR and claim refund where applicable.

Income Type TDS Rate Notes
Rent from property 30% Plus cess & surcharge
Property sale (capital gains) 20% / 30% Based on LTCG / STCG
NRO interest 30% DTAA may reduce
Dividends 20% Subject to DTAA

If DTAA applies, you may be eligible for lower TDS. Excess TDS can be claimed as refund by filing your return.

Common NRI Tax Mistakes to Avoid

NRI taxation errors often happen due to incorrect residential status, misunderstanding DTAA provisions, or ignoring excess TDS. Avoiding these common mistakes can save significant tax and compliance issues.

1. Assuming foreign income is taxable in India

2. Not filing ITR due to TDS already deducted

3. Ignoring DTAA benefits despite eligibility

4. Not claiming refund on excess TDS

5. Using resident bank accounts incorrectly

6. Not reconciling Form 26AS and AIS

Frequently Asked Questions

Who is considered an NRI for tax purposes?

An individual is considered NRI if they are not resident in India. This is determined by the number of days spent in India during the financial year and previous years.

What income is taxable for NRIs in India?

NRIs are taxed only on their Indian income, which includes salary from Indian sources, rental income from Indian property, capital gains from Indian assets, and interest/dividends from Indian investments.

How does DTAA help NRIs?

DTAA (Double Taxation Avoidance Agreement) helps NRIs avoid paying tax twice on the same income. It provides relief through lower tax rates, foreign tax credit, and specific provisions for different types of income.

Do NRIs need to file ITR in India?

Yes, NRIs must file ITR in India if their Indian income exceeds ₹2.5 lakh. Even if income is below this threshold, filing ITR is recommended for various benefits and compliance.

What is foreign tax credit?

Foreign tax credit allows NRIs to claim credit for taxes paid in foreign countries on the same income. This prevents double taxation and reduces the overall tax burden.