Thursday, February 23, 2023

NRIs cannot submit Form 15G/H: What can they do to lower TDS on income from India?

Any income earned by Non-Resident Indian (NRI) in India is subject to tax in India. The incomes are credited into the NRI account after TDS has been deducted from it. Further, they cannot submit Form 15G or 15H to avoid the TDS on their incomes. Here's what they can do to lower or avoid TDS on income earned in India.

from Tax-Wealth-Economic Times https://ift.tt/VEKaMZ1

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