{"id":2152,"date":"2016-03-22T12:53:00","date_gmt":"2016-03-22T12:53:00","guid":{"rendered":"https:\/\/www.testserver.eminenture.co.in\/test\/services2nri-new\/blog\/?p=2152"},"modified":"2024-09-18T11:16:28","modified_gmt":"2024-09-18T11:16:28","slug":"how-can-nris-save-tax","status":"publish","type":"post","link":"https:\/\/www.services2nri.com\/blog\/how-can-nris-save-tax\/","title":{"rendered":"How Can NRIs Save Tax Safely in India?"},"content":{"rendered":"\n<!--more-->\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"1403\" src=\"https:\/\/www.services2nri.com\/blog\/wp-content\/uploads\/2016\/03\/Tax-Saving-Tips-for-NRIs.jpg\" alt=\"\" class=\"wp-image-2512\" srcset=\"https:\/\/www.services2nri.com\/blog\/wp-content\/uploads\/2016\/03\/Tax-Saving-Tips-for-NRIs.jpg 700w, https:\/\/www.services2nri.com\/blog\/wp-content\/uploads\/2016\/03\/Tax-Saving-Tips-for-NRIs-150x300.jpg 150w, https:\/\/www.services2nri.com\/blog\/wp-content\/uploads\/2016\/03\/Tax-Saving-Tips-for-NRIs-511x1024.jpg 511w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>An NRI is the one who spend 182 day or more abroad or 60 day plus 365 day in the last 4 years. The community of NRIs seeks tips for tax saving in India. It\u2019s clear cut approach that migrants have to pay income tax if his\/her indigenous income exceeds INR 1.8 lakh annually. The elder ones above 60 years of age have to file for tax if their pension income exceed more than INR 2.5 lakh. Rental income, salary, interest on capital gains, interest on depository account and capital gain\/loss on investments are parked under taxable income. The income sourced from abroad is non-taxable. Tax deduction at source (TDS) can be advantageous when they seek home loan. Upto 1 lakh can be redeemed while repaying against principal amount of home loan. Income from long term gains and investment as well as inherited property is non-taxable. 20% tax concession can be enjoyed by NRI on the sale of their asset.&nbsp;<a href=\"https:\/\/www.services2nri.com\/\"><strong>Investment in property<\/strong><\/a>&nbsp;through home loan, life insurance plan, mutual funds and pension scheme can exempt them from paying it.<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[100,167,173],"class_list":["post-2152","post","type-post","status-publish","format-standard","hentry","category-nri-news","tag-infographics","tag-nri-save-tax","tag-nri-tax-saving-tips"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Can NRIs Save Tax Safely in India? - s2nri<\/title>\n<meta name=\"description\" content=\"NRIs can save tax by investing in pension schemes, life insurance and mutual fund. Income less than INR 1.8 lakh and inherited asset are tax free.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.services2nri.com\/blog\/how-can-nris-save-tax\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Can NRIs Save Tax Safely in India? - s2nri\" \/>\n<meta property=\"og:description\" content=\"NRIs can save tax by investing in pension schemes, life insurance and mutual fund. Income less than INR 1.8 lakh and inherited asset are tax free.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.services2nri.com\/blog\/how-can-nris-save-tax\/\" \/>\n<meta property=\"og:site_name\" content=\"Get Latest Updates on Document Procurement, Immigration &amp; Financial Management\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-22T12:53:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-18T11:16:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.services2nri.com\/blog\/wp-content\/uploads\/2016\/03\/Tax-Saving-Tips-for-NRIs.jpg\" \/>\n<meta name=\"author\" content=\"Manoj Sodhani\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Manoj Sodhani\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.services2nri.com\/blog\/how-can-nris-save-tax\/\",\"url\":\"https:\/\/www.services2nri.com\/blog\/how-can-nris-save-tax\/\",\"name\":\"How Can NRIs Save Tax Safely in India? - s2nri\",\"isPartOf\":{\"@id\":\"https:\/\/www.services2nri.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.services2nri.com\/blog\/how-can-nris-save-tax\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.services2nri.com\/blog\/how-can-nris-save-tax\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.services2nri.com\/blog\/wp-content\/uploads\/2016\/03\/Tax-Saving-Tips-for-NRIs.jpg\",\"datePublished\":\"2016-03-22T12:53:00+00:00\",\"dateModified\":\"2024-09-18T11:16:28+00:00\",\"author\":{\"@id\":\"https:\/\/www.services2nri.com\/blog\/#\/schema\/person\/09e9d9e26ae8c22c904dde38360a66ad\"},\"description\":\"NRIs can save tax by investing in pension schemes, life insurance and mutual fund. 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