Tag
foreign-income
4 posts tagged foreign-income
- Returning NRIs·
Filing your first Indian ITR after returning: RNOR status, foreign income, Schedule FA and what goes where
Your first ITR after returning to India is the most complex one you'll file. RNOR status may exempt foreign income. Here's what income to report, what's exempt, and how to complete ITR-2 for the year of return.
- Returning NRIs·
RBI's rules on foreign income for Indian residents: what you must repatriate and what you can keep
Indian residents earning foreign income — freelancers, RSU holders, NRIs turned ROR — must follow RBI's FEMA repatriation rules. What must come back to India, what can stay abroad, and the penalties.
- Returning NRIs·
FSDS: the Foreign Source Declaration Statement that Indian residents with overseas income must file
Indian residents with foreign-source income above prescribed limits must file an FSDS with their bank under RBI's FEMA framework. What it is, who must file, and how it connects to your ITR.
- RSU Management·
Old vs new tax regime for RSU and foreign income holders (2026)
Choosing between India's old and new tax regime when you have RSU vesting, US dividends, or foreign salary. Key breakeven points, deductions that...