Ushma & Associates
About Us
About CA Ushma Jain
CA Ushma Jain is a Chartered Accountant, Company Secretary and the founder of Ushma & Associates—a professional firm specialising in NRI taxation, cross-border tax matters and income-tax advisory.
A graduate of Delhi University, she qualified as a Chartered Accountant in 2011 and has been advising Non-Resident Indians on Indian taxation since 2013. Over the years, she has developed deep expertise in addressing the unique tax and compliance challenges faced by NRIs across the USA, UK, Canada, UAE, Singapore, Qatar and several other countries.
She has also undertaken an entrepreneurship programme at the prestigious Indian Institute of Management Ahmedabad under the Goldman Sachs 10,000 Women initiative. This experience has further strengthened her approach towards building a modern, client-focused and process-driven professional practice.
Taxation becomes significantly more complex when income, assets, investments or residential status involve more than one country. NRIs frequently face questions relating to double taxation, foreign income, property transactions, investments in India, repatriation and notices from the Income Tax Department.
Ushma’s strength lies in simplifying these complex matters and helping clients understand not only what needs to be done, but also why it needs to be done.
Her approach combines:
- In-depth technical knowledge
- Practical and solution-oriented advice
- Clear and transparent communication
- Careful attention to facts and documentation
- Personal involvement in important matters
- A strong focus on lawful and effective tax planning
She believes that clients should never feel lost in technical language. Every recommendation is explained clearly, with its tax impact, compliance requirements and available alternatives.
Ushma is also a tax educator and content creator. Through her YouTube channel and professional platforms, she regularly explains important developments relating to NRI taxation, income-tax compliance, foreign assets, property transactions, TDS and changes in tax laws.
Her content is designed to make taxation understandable, relevant and practical—helping taxpayers become more informed and confident while making important financial decisions.
About Ushma & Associates
Your trusted partner for NRI and cross-border taxation
Ushma & Associates is a Chartered Accountancy firm focused on NRI taxation, cross-border transactions and Indian income-tax compliance.
Founded by CA Ushma Jain, the firm has been serving NRIs since 2013 and has advised approximately numerous NRI and resident clients living and working across different parts of the world.
We understand that managing Indian tax matters from another country can be challenging. Differences in time zones, unfamiliar online procedures, changing tax laws and coordination with banks, buyers, tenants and government authorities often make even routine compliance difficult.
Our role is to make the entire process organised, transparent and manageable for our clients.
At Ushma & Associates, we do not believe in one-size-fits-all solutions. Every client’s circumstances are different, and every matter deserves careful attention.”
Our areas of expertise
NRI Income-Tax Returns
Preparation and filing of income-tax returns covering rental income, interest, capital gains, investments, foreign income, double-taxation relief and other India-related income.
NRI Property Transactions
End-to-end tax support for the purchase and sale of immovable property in India, including capital-gain computation, exemptions, buyer compliance and related documentation.
Lower or Nil TDS Certificates
Assistance with applications for lower or nil deduction of tax when an NRI sells property in India, including tax calculations, document preparation and coordination during assessment proceedings.
TDS Compliance for Buyers and Tenants
Support with TAN registration, tax deduction, challan payments, TDS returns, certificates and corrections relating to payments made to NRIs.
DTAA and Foreign Tax Credit
Advisory on Double Taxation Avoidance Agreements, determination of taxing rights, foreign tax credit claims, Form 67 and supporting documentation.
Repatriation of Funds
Assistance with Form 15CA, Form 15CB and tax documentation required for remitting eligible funds from India to another country.
Residents - Foreign Assets and Overseas Income
Guidance on reporting foreign bank accounts, shares, retirement accounts, investments and overseas income in Indian income-tax returns.
Income-Tax Notices and Appeals
Professional representation in scrutiny assessments, reassessment proceedings, penalty matters, rectification applications and appeals before income-tax authorities.
Tax Advisory and Compliance
Advice relating to residential status, NRE and NRO accounts, gifts, inheritance, capital gains, mutual funds, securities, ESOPs, RSUs and other cross-border matters.
Why Clients Choose Us
- Specialised NRI and Cross Border Taxation Experience
Our work is not limited to routine return filing. NRI and cross-border taxation is one of our principal areas of practice.
- Foreign Income and Asset Reporting for Residents
Advisory and compliance support for Indian residents holding foreign bank accounts, overseas investments, shares, ESOPs, RSUs, retirement accounts or other assets outside India. We assist with accurate reporting in Schedule FA, disclosure of foreign income, claiming Foreign Tax Credit and compliance with the Income-tax Act and the Black Money Act.
- Advice Based on Your Complete Situation
We consider residential status, source of income, relevant tax treaty, transaction structure, documentation and long-term implications before advising.
- Clear Communication
We explain complex tax provisions in straightforward language and keep clients informed throughout the engagement.
- End-to-End Assistance
From preliminary tax planning and calculations to filing, documentation and representation, we help manage the complete process.
- Technology-Enabled Service
Our systems are designed to serve clients efficiently irrespective of their country, location or time zone.
- Professional Integrity
Our advice is independent, transparent and based on applicable law. We focus on legitimate tax planning and accurate compliance rather than shortcuts.
Our Philosophy
Understand first. Advise carefully. Comply correctly
We believe that good professional advice begins with listening. Before suggesting a solution, we seek to understand the client’s residential status, financial background, objectives and concerns. This allows us to identify issues early, prevent avoidable mistakes and recommend an appropriate course of action. Our aim is not simply to complete a transaction or file a return. We strive to build lasting professional relationships founded on knowledge, accessibility and trust.
Our Mission
To make Indian taxation simple, transparent and manageable for NRIs and Residents.
Our Vision
To build a trusted and widely recognised NRI and Resident taxation practice known for technical excellence, clear communication, ethical advice and genuine client care.