- Tax Complexity & Compliance Gaps
Navigating Indian income tax laws and deadlines from overseas can be overwhelming, especially with evolving NRI rules and DTAA benefits.
- Capital Gains & TDS Confusion
NRIs often struggle with capital gains taxation on property or mutual fund sales in India. TDS deducted at source is frequently excessive or wrongly calculated, leading to missed refund opportunities.
- Repatriation & FEMA Restrictions
Sending funds abroad or receiving inheritance in India involves compliance with FEMA and RBI regulations, which many NRIs find difficult to understand and execute properly.
- Investment Oversight
Tracking returns, interest, and dividends from Indian investments across NRE/NRO accounts and tax treatment thereof requires clear reporting, often missed without structured bookkeeping.
- Account Structuring Challenges
Opening, maintaining, and optimizing NRO/NRE accounts and ensuring correct linkage to PAN, residential status, and income sources often leads to misclassification and penalties.
- Regulatory Ambiguity
Frequent changes in compliance norms, income disclosures, and remittance documentation increase the risk of non-compliance or incomplete filings.