NRI Wealth Integrated

Moving abroad doesn't automatically end your tax obligations in India. Your taxability in India is primarily determined by your residential status under the provision of the Income Tax Act. As long as you have income from India, such as rental income from property ownership, investing in Indian stocks and mutual funds, earning income through pensions, and so forth, you could be liable for payment of tax in India. It is all about how the income originates and not where you reside. Taxable income for NRIs in India includes income that is earned or received in India, while income earned outside the country is generally not taxed in India. In this blog, we'll explain which income is taxable, what income remains exempt, and the tax slabs that apply to NRIs. Which Types of Income are Taxable for NRIs? As an NRI, only income that has its source in India is usually taxable. Here's a closer look at the different types of income that fall under the Indian tax net. 1. Salary Income I...

  Living abroad doesn't always mean your tax obligations in India come to an end. If you still receive income from India, whether through rent, investments, or the sale of an asset, you could still be required to file an income tax return. Understanding NRI income tax filing in India doesn't have to be complicated. Once you know how your residential status and Indian income affect your tax liability, it becomes much easier to determine whether filing an ITR is necessary and avoid any last-minute surprises. In this guide, we'll explain when filing is mandatory, when it may not be required, and what you should keep in mind for 2026.  How Is NRI Status Decided for Tax Purposes? Before checking whether you need to file an income tax return, you should first know your residential status under the Income Tax Act. This status decides how your income is taxed in India. In simple terms, residential status is determined based on the number of days you stay in India during the releva...

RBI’s FCNR Deposit Opportunity: What NRIs Should Know The Reserve Bank of India has introduced a temporary measure that has significantly increased interest rates on FCNR deposits, with some banks offering returns close to 7%. This development has caught the attention of NRIs looking for stable, foreign currency investments in a volatile global rate environment.  However, the headline returns need to be understood in the right context before making any decision. In this blog, you will understand what the RBI’s latest move means, why rates have increased, and whether it fits into your investment strategy. What Did RBI Announce? On 8 June 2026, the RBI introduced a concessional USD-INR swap facility for banks on fresh FCNR(B) deposits with maturities of 3 to 5 years. This facility reduces the cost for banks to hedge currency risk, allowing them to offer more competitive interest rates on foreign currency deposits. The window is open until 30 September 2026, making it a time-b...