Friday, February 19, 2010

Are you a Non Resident Indian having NRI Tax Filing issues?

Our firm provides professional services for Tax Filing especially for the NRI's. Income tax rules are too complex for a common man to understand. For this very reason we at MyTaxfiler.com give you very basic but critical guidelines to file taxes.

Before anything else we would like to tell all our clients that it is very important to have you PAN in hand or if you are a Resident Indian, about to take up employment abroad, the primary task before you is filing for an Income Tax Clearance Certificate (Form 31) of the Income Tax Act 1961.

NRI Tax Filing includes


  • Our firm makes use of the “Double Tax Avoidance Agreements (DTAA)” and its objective is to avoid taxation of income in both the countries. It results in lower tax being deducted at source (with holding taxes) and tax credit when tax has already been paid in one country. You can claim credit for taxes paid in the foreign country (in this case, India) by completing IRS form 1116 while filing taxes in USA. Credit applied on form 1116 will be equal to tax paid in India. Be sure to pay lower tax rate in India by taking advantage of lower tax rates available in Double Taxation Avoidance Agreements (DTAA).



  • Our firm assists you with all you queries as we are well versed with NRI taxation laws. Our major objective is that the NRI/Desi individuals make maximum use of our services and are able to maximize their savings.

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