Key Tax Updates Every NRI Should Know in 2025

The recent changes can feel like a heavy burden when you're already juggling life abroad. The new Income Tax Bill makes your financial situation more complex. If you earn ₹15 lakh or more in India, you might be classified as a "resident" for tax purposes. This hits your wallet harder than before.

How Does It Affect You?

Your dividend income faces a 20% tax rate now. This cuts into the money you hoped to save for your family's future. The rules have shifted beneath your feet without warning.

Tax Updates for NRIs Matter More Than Ever

Under the new Income Tax Bill, 2025,  both Indians and NRIs can only get a lower TDS certificate and not a nil TDS certificate. Moreover, if NRIs tax liability exceeds Rs 10,000 in a financial year, they must pay advance tax.

What You Can Do?

You can apply for advance tax rulings before making transactions in India. This gives you some control in an uncertain situation. Planning ahead protects your hard-earned money.

Tax Updates for NRIs Require Expert Guidance

Don't let these changes catch you unprepared. Your financial security deserves protection from unexpected tax burdens.

Prakash K Prakash Chartered Accountants can help you understand these complex changes and protect your financial interests.