Tax Planning Strategies for Returning NRIs in 2025

If you're an NRI (Non-Resident Indian) planning to move back to India in 2025, here are some simple tax tips:

● Check if you qualify for RNOR status (You may qualify if you lived outside India for 7 out of the last 10 years)

● Time your return wisely

Understanding tax planning strategies for returning NRIs in 2025 is essential for a smooth financial transition. Convert NRE and FCNR accounts to resident accounts upon return. Update your status with banks and mutual funds to reflect your residency change. Consider liquidating foreign assets during the RNOR period to avoid Indian taxes on global income. Proper planning ensures compliance and financial efficiency.