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NRI Tax Services in Mumbai with NoBroker

NoBroker’s NRI tax consultants in Mumbai provide seamless tax filing, compliance, and expert guidance to ensure hassle-free income tax return filing.

NRI Tax Services in Mumbai by NoBroker

The financial center of India, Mumbai, draws a large number of Non-Resident Indians (NRIs), who hold real estate, investments, and other assets in the city. If you are an NRI and you get income from capital gains and rental properties in Mumbai, you must abide by Indian tax laws. NoBroker provides professional NRI tax services in Mumbai, assisting you with compliance, TDS refunds, and tax filing. To maximize deductions and maintain compliance with the Income Tax Act for NRIs, our skilled NRI tax expert in Mumbai makes sure that your tax returns are filed correctly.

NRI Tax Filing & Legal Help in Mumbai - Full Support for Your Legal Needs

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Managing property taxes and legal tasks from overseas can be tough, especially in a city like Mumbai. NoBroker helps NRIs easily handle everything, from drafting rental and sale agreements to completing Mumbai-specific TDS filings and legal formalities. Stay compliant and stress-free, wherever you are.

Rental Agreement: Legally compliant rental agreements customized for Mumbai properties.
Inspection Plan: Scheduled property inspections across Mumbai with photo/video reports.
Legal Assistance: Local legal support for disputes, ownership checks, and documentation.
NRI Tax Filing: TDS management, capital gains tax filing, and IT returns for Mumbai assets.

Testimonials

BRAJESH KUMAR,UK

5.0

No broker is truly genie in the bottle when it comes to renting your apartment. I like to say thanks to my relationship manager & Field RMs who helped me close the deal. From tenant sourcing to finalizing the deal and preparing the final rent agreement, all was taken care by NoBroker

NAVEEN SAHAY,USA

4.5

Really happy with the service! NoBroker rented out my property in less than a month. The tenants were well screened. They complete the needed repairs quickly while being very proactive in communicating with me. They are always easy to get a hold of and attentive to all my questions.

WAMAN RAYADURG,INDIA

5.0

NoBroker Property Management Team is very prompt and efficient. The best part is that I don't have to worry as they find the tenants quickly, collect the rent on time and take care of all the necessary documentation. NoBroker is doing a fantastic job in managing my properties.

NRI Income Tax Rules & Regulations in Mumbai

NRIs with income or investments in India are required to follow Indian tax regulations. In such cases, expert NRI tax services in Mumbai become vital, especially in the scenarios listed below.

Rental Income: If you own property in Mumbai and earn rental income, it is taxable. A 30% standard deduction is allowed.
Capital Gains Tax: If you sell a property or shares in Mumbai, capital gains tax applies based on the holding period.
Interest on Bank Deposits: Interest earned on NRO accounts is taxable, while interest on NRE and FCNR accounts is exempt.
TDS on NRI Income: If you sell a property in Mumbai, the buyer must deduct TDS before making the payment.

Additionally, under the Income Tax Act for NRI, you can benefit from Double Taxation Avoidance Agreements (DTAA) to prevent being taxed twice on the same income in India and your country of residence. Our NRI tax consultant Mumbai helps you navigate these regulations effectively.

How NoBroker’s NRI Tax Filing Services in Mumbai Help You

Our Mumbai NRI tax services are aimed at simplifying tax compliance:

Filing an NRI Income Tax Return: We facilitate proper income tax return filing for NRIs to comply with Indian tax laws.
Advisory on Capital Gains Tax: Our professionals assist in determining and reducing your tax obligation if you have sold shares or real estate in Mumbai.
Tax Planning & DTAA Benefits: We help with DTAA exemption claims and tax-efficient investment structuring.
NRI Investment Advisory: We advise NRIs on tax-saving investment choices and NRI deductions under the Income Tax Act.
Compliance & Legal Assistance: NRI tax filing services in Mumbai ensure all required paperwork and filings are completed correctly to prevent penalties.

Documents Required for NRI Tax Filing

To file your income tax return for NRI, you need the following documents:

PAN Card: Mandatory for tax filing in India.
Passport: Proof of NRI status.
Bank Account Details: NRO/NRE account details for tax payments or refunds.
Rental Income Proof: Rent receipts or lease agreements for properties in Mumbai.
Capital Gains Statements: Sale deed and transaction details for property or shares.
Investment Details: Records of mutual funds, stocks, or fixed deposits.
TDS Certificates: Form 16A for TDS deducted on income earned in India.
Tax Payment Receipts: Proof of advance tax payments, if applicable.

Benefits of Choosing NoBroker's NRI Tax Filing Services in Mumbai

Professional Tax Consultation: Our skilled NRI tax consultant in Mumbai guarantees proper tax filing and advice.
End-to-end Support: We manage capital gains tax, income tax returns, and TDS refunds for total compliance.
Tax Savings: NRI tax services in Mumbai assist in avoiding overpayment of taxes and claiming appropriate deductions.
Online Filing: Our online solution guarantees easy and secure filing, eliminating the need to visit tax offices.
Cost-effective & Transparent: We have transparent and affordable pricing with no hidden fees.

If you are an NRI with financial interests in Mumbai, ensuring tax compliance is crucial. NoBroker’s NRI tax services Mumbai make tax filing simple and hassle-free. Whether you need to file an income tax return in India NRI, claim TDS refunds, or plan your investments, our NRI tax consultant Mumbai is here to help.

Get Expert NRI Tax Assistance in Mumbai

Frequently Asked Questions

What is NoBroker End to End Property Management Plan?

NoBroker's End to End property management is a unique plan crafted to cater to customers looking for a reliable team to manage their property. The plan provides a dedicated property manager who helps you manage your property seamlessly and remotely without any hassle. The plan includes end to end services - Verified tenant search, Rental Agreement, On-time rent collection and transfer, Periodic Home Inspection, Seamless tenant move-in and move-out, home maintenance repair services.

How do I keep in touch with NoBroker while managing my property?

Once we start managing your property, you can always reach out to your dedicated relationship manager on call or via NoBroker App in case you have any query.

How do I get the monthly rent for my property?

The rent is collected by NoBroker from the tenant and is transferred to your registered bank account. You can track the same in your NoBroker app.

I already have a tenant residing at my property. Can NoBroker manage my property?

Yes. NoBroker team can manage your property. We will verify the current tenant background post owner's confirmation and get the rental agreement signed, if required. We will ensure periodic home inspection is conducted and in case the existing tenant vacates, we will initiate the tenant search for you free of cost.

What is home inspection and why is it required?

NoBroker's certified professional conducts a thorough inspection of your property to capture the current status of the property including a detailed inventory list before the tenant moves-in, during his stay at the property and post he vacates the property. A detailed inspection report is shared with you for every inspection and is explained to you in detail by your relationship manager. This way you are always updated about your property condition.

What if the tenant found by NoBroker vacates the property?

In case the tenant decides to vacate the property, we immediately start tenant search (free of cost) for your property. Once the old tenant vacates the property, we conduct a thorough home inspection of the property and compare with the pre-move-in report to ensure required repair, painting, cleaning or maintenance work is done and adjusted from the tenant's security deposit.

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