NRI / Resident Having Foreign Income Plan
About This Plan
NRI / Resident Having Foreign Income Plan is designed for Non-Resident Indians (NRIs) as well as Residents earning income outside India. Managing foreign income requires specialized reporting under the Income Tax Act along with compliance to Double Taxation Avoidance Agreements (DTAA) wherever applicable.
This plan ensures that your salary from abroad, foreign assets, dividends, interest, capital gains, or business income outside India are reported correctly, foreign tax credits are claimed, and your return is filed in compliance with both Indian and international tax rules.
📝 Applicable ITR Form
ITR-2 → For Individuals/HUFs with salary, foreign income, and capital gains.
ITR-3 → For Individuals/HUFs with foreign income from business or profession.
⚠️ NRIs cannot use ITR-1 or ITR-4.
Choose Between:
Services Included
| Services Included | Regular Filing | Live Filing |
|---|---|---|
|
End-to-end ITR filing support for NRI/foreign income |
✅ (via messages & on-call) |
✅ (via live video call with expert) |
|
Computation of foreign salary, dividends, capital gains & business income |
✅ |
✅ |
|
Incorporation of DTAA relief & Foreign Tax Credit (FTC) |
✅ |
✅ |
|
Disclosure of foreign assets (Schedule FA) |
✅ |
✅ |
|
Handling of multiple income sources (India + Abroad) |
✅ |
✅ |
|
Validation of tax computation by senior tax experts |
✅ |
✅ |
|
Support in case of queries or notices related to filed return |
✅ |
✅ |
|
Priority support for faster resolution |
✅ |
✅ |
|
Personalized one-to-one filing session |
❌ |
✅ |
|
Real-time Q&A with expert while filing |
❌ |
✅ |
Who Should Buy This Plan?
This NRI/Resident Having Foreign Income plan is ideal for:
- NRIs earning salary, property income, or investments abroad.
- Residents receiving foreign income (employment, investments, capital gains).
- Indians with foreign bank accounts, stocks, or assets requiring disclosure in ITR.
- Individuals eligible for Foreign Tax Credit (FTC) under DTAA.
- Those needing expert handling of Schedule FA & Schedule FSI (Foreign Source Income).
- Anyone looking for a live, personalized session for clarity & confidence
Initial Documents Required 📑
Applicable Only If Opting for Old Tax Regime
- Form 12BB (deduction claim)
- LIC/PPF/ELSS/NPS proofs (80C, 80CCD)
- Health Insurance Premium Receipts (80D)
- Donation Receipts (80G)
Additional Documents (As Required, Based on Income)
- Form 16 (if also salaried in India).
- Foreign property details & rental income proof.
- Capital gain statements (shares, mutual funds, property abroad).
- Dividend/Interest statements from foreign investments.
Before Starting Filing (Mandatory)
- PAN Card (must match Aadhaar)
- Passport (for residency proof).
- Foreign salary slips / income certificate.
- Foreign bank account statements.
- Tax paid proof in foreign country (if claiming credit).
How It’s Done
Our process is 100% online, expert-driven, and hassle-free. Choose between Regular Filing or Live Filing based on your convenience.
Live Filing (One-to-One Session)
Plan purchased → Client receives a Google Meet link
TPO collects documents during the live session
TPO prepares and compiles return live on video call
Real-time review & clarification of computations
If tax is payable → Challan issued & client pays instantly
Return is filed during the session itself
Client receives ITR acknowledgement on the spot
Regular Filing (End-to-End Expert Assisted)
Plan purchased → TPO (Tax Preparation Officer) assigned
Client uploads documents via WhatsApp
TPO assesses documents & compiles tax details
If required, TPO requests additional documents
TPO prepares and shares computation sheet with client for review
If tax is payable → Challan issued, client makes payment
TPO files the return after confirmation
Client receives ITR acknowledgement
