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Ushma & Associates
Budget 2026 for NRIs: Major Changes in NRI Property Sale, TDS & Tax Compliance
The Union Budget 2026 has introduced important tax reforms and compliance relief measures for Non-Resident Indians (NRIs). If you are an NRI living in the USA and planning to sell property in India, these Budget 2026 NRI updates directly impact your transaction. While capital gains tax rates remain unchanged, the government is trying to...
Selling Property in India? Complete Guide to Capital Gain Tax in India for NRIs in USA (2026)
If you are an NRI living in the United States and planning to sell property in India, understanding capital gain tax in India for NRIs in USA is extremely important. Many NRIs assume taxation works the same way as for resident Indians — but that is not true. This guide explains everything you need to […]
Indian NRIs in the USA: Residential Status Pitfalls That Can Cost You
Introduction: Living and working in the USA offers higher salaries, new opportunities, and a global lifestyle. But many NRIs assume that being abroad automatically exempts them from Indian taxes. The truth? Misunderstanding your residential status can lead to costly mistakes, from unexpected tax bills to penalties. Before diving into common...
Investing in Indian Shares & Mutual Funds as an NRI? Here’s How Tax Works
Indian mutual funds and equity markets present lucrative investment opportunities for Non-Resident Indians (NRIs). However, income taxation rules for NRIs differ significantly from residents, and understanding these provisions is essential to optimize returns. Mandatory TDS, capital gains tax, and other tax income implications directly...
NRI Tax Filing Guide for Indians Working in the UAE – Latest Rules
1st Dec, 2025 With the Indian Income Tax...
NRI Tax Filing in India: A in Complete Guide for Individuals Living the USA
With the Indian Income Tax Department becoming increasingly strict, NRI tax return filing India has become essential for individuals living abroad. Many NRIs in the USA assume that if they do not earn income in India or only earn small interest income, filing an ITR in India is optional. However, this is not true. Compliance […]
Penalties for Non-Compliance with ROC Filings in 2025
Running a successful business is every entrepreneur’s goal, but it also comes with certain legal responsibilities. One of the most important among these is ROC Annual Compliance. As per the Companies Act, 2013, every registered company in India must submit annual returns and financial statements to the Registrar of Companies (ROC) within the...
NRI Tax Residency Rules Changing: What to Know Before April 2026
The Income Tax Bill 2025, effective from April 1, 2026, introduces significant amendments to India’s tax residency rules, primarily affecting high-income NRIs and Persons of Indian Origin (PIOs). These changes redefine how tax residency is determined and may have substantial implications for income tax liabilities. Understanding the new framework...
NRI Tax Planning Tips for FY 2025-26
Non-Resident Indians (NRIs) often face greater complexities in taxation than resident taxpayers because their income sources are spread across different countries, and their residency status may change depending on travel and work arrangements. With globalization, investments across borders, and stricter monitoring by tax authorities, careful...

