NRI Taxation and Remittances

We simplify complicated laws and procedures and provide practical solution that is easy to understand and beneficial to implement for NRIs. Our consulting considers not only Indian taxes, but also Double Tax Avoidance Agreements (DTAA), foreign taxes and compliance requirements. We file forms and returns and help our clients to get refund of tax paid or TDS deducted. We issue certificates and liaison with banks for transfer from NRO to NRE or for remittances abroad. Our clients gain immensely from our over 6 decades of history of working with the Income Tax department.

• Apply for PAN, TAN
• Comply with Income Tax laws
• DTAA benefit consulting and Foreign Compliance Support
• Issue Certificates including in Form 15CB
• File Income Tax returns and forms (e.g. 15CA)
• Get refund of overpaid tax or TDS
• Reply to Income Tax notices and liaison with the department

Real Estate Investment and TDS Compliance

Our service includes understanding client requirements and educating our clients with the RBI and Income Tax rules related to purchase or sale of property, providing consulting after consideration of Indian and foreign investment and taxation laws, liaison with buyer or his/her CA, complying with TDS requirements, calculating capital gain and tax, filing income tax returns, issuing CA certificate,transferring funds from NRO to NRE or to abroad, helping for any foreign compliance, etc.

• One point contact
• Holistic Consulting covering Indian and foreign investment and tax laws
• Purchase and sale of property as allowed under FEMA
• TDS Compliance for both purchase and/or sale of property
• Calculate Capital Gains and tax
• Filing of Income tax returns
• Consulting for Crediting funds directly into NRE account

Corporate Investments in India

We help foreign organization in business structuring and determining optimum entry strategy. We serve as the one point contact for incorporating and registering the entity with all governmental agencies including RBI. We provide administrative and management support and ensure continuing compliance with all laws and regulations. We have been successfully managing Wholly Owned Subsidiaries (WOS) of foreign companies since last more than 4 years.

• Entry Strategy and Business Structuring
• Incorporating LLP,Companies, including WOS
• Registration of LO, BO, PO
• Accounting, Administration, Payroll and Management Support
• Registration and Liaison with Income Tax, VAT, Service Tax, RBI, Bank, etc.
• Approval/intimation of FDI to RBI
• Ongoing compliance with local laws and regulation

Other NRI Services

We serve as a one point contact for NRIs for all their financial, investments or taxation needs and liaise with banks, financial intermediaries and income tax department to provide customer centric advice in their best interests. We also support their resident country’s (foreign) tax and compliance requirements.

• Gift from and to NRIs
• Wealth Tax
• Loans from and to NRIs
• Will &Inheritance
• Liaison with banks for account opening and better exchange rate
• US Compliance Support – FATCA, FBAR, 8938, 8621, etc.
• Any other NRI needs

Services other than to NRIs

Our organization is built on the history of over 60 years of family experience, professional values, ethics and customer satisfaction. We provide value added services to individuals, family owned businesses, not-for-profit organizations, partnerships, and corporations. Our advisors and personnel are well qualified and experienced to provide effective services.

Please visit www.njpadvisors.comfor more details.

• IFRS, US GAAP and XBRL Reporting
• Treasury &Wealth Management
• Equity & Debt Finance
• Outsourcing
• Internal Control & Risk Advisory
• Direct & Indirect Tax including Transfer Pricing
• Treasury Management