BDS

Managing Tax Compliances for NRIs

Overseeing Tax Compliance for Non-Resident Indians (NRIs)
Assessing Tax Implications in Australia Regarding Indian Assets and Income
For Indians relocating to Australia or visiting the country temporarily for reasons such as work or education, managing tax obligations in both India and Australia can be a complex task. Upon acquiring residency status in Australia, individuals may find that their Indian assets, especially capital assets, become subject to Australian taxation.
We provide essential guidance to Non-Resident Indians (NRIs) to navigate the complexities of how their Indian assets and income sourced from India should be handled while ensuring compliance with the Australian tax framework.

This includes:
  • Filing Indian Tax Returns: We assist NRIs residing in Australia with the filing of their Indian income tax returns. During this process, we calculate exemptions and assess foreign tax credits that may be applicable under the India-Australia Double Taxation Avoidance Agreement (DTAA).
  • Our aim is to facilitate a smooth transition into the Australian tax system while ensuring that NRIs fulfill their tax obligations in both countries and address any potential issues related to double taxation of income.