International Taxation in India | Consulting & Advisory

For NRIs and expatriates, understanding Indian tax laws can be overwhelming. R Pareva & Company, a leading CA for NRI Taxation in Delhi, offers expert guidance in:

• Determining Residential Status: The taxability of income in India is closely tied to a person’s residential status, which can fall into one of three categories: resident, non-resident, or resident but not ordinarily resident (RNOR). At RPC, we specialize in helping individuals determine their correct residential status under Indian tax law.
• Income Tax Return Filing: We assist NRIs and expatriates in filing accurate income tax returns, ensuring that all Indian income, whether from employment, property, or investments, is properly reported. Our team specializes in NRI taxation in India.
• Double Taxation Avoidance: Through the application of DTAAs, we help clients avoid being taxed twice on the same income by utilizing provisions such as tax credits and exemptions. We are trusted consultants for DTAA consultancy in Delhi.

Indian residents, including NRIs who qualify as residents, must comply with stringent reporting requirements regarding foreign assets and income. Non-compliance can lead to penalties and prosecution. Our services include:

• Advisory on Foreign Income Reporting: Guidance on how to declare foreign income in Indian tax returns.
• Foreign Asset Disclosure: Ensuring that foreign assets are accurately reported under the Indian tax regime, specifically under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act 2015.
• Taxation of Global Income: We advise on the taxability of global income for Indian residents and expatriates, ensuring that clients understand their obligations under Indian law. Our firm provides international tax consultancy in India.

Transfer pricing regulations are a critical aspect of international taxation, especially for companies engaged in cross-border transactions. India’s transfer pricing rules are based on the arm’s length principle, which ensures that prices for goods, services, or financial transactions between related entities are consistent with those set for independent parties. We offer:

• Transfer Pricing Documentation: Assisting clients in maintaining accurate documentation that supports their pricing strategies for cross-border transactions.
• Benchmarking Analysis: We provide benchmarking services to ensure that intra-group transactions comply with Indian transfer pricing regulations.
• Advance Pricing Agreements (APAs): Our team helps clients secure APAs with the Indian tax authorities, providing long-term certainty over transfer pricing arrangements. For such services, look no further than R Pareva & Company, a top CA for International Taxation in India.

India has signed DTAAs with more than 90 countries to prevent the same income from being taxed twice. Our advisory services focus on:

• DTAA Analysis and Application: We analyze applicable treaties to determine eligibility for benefits such as reduced withholding tax rates and tax credits.
• Tax Relief Planning: We advise on how to take advantage of DTAA provisions to reduce tax liabilities, including tax credits and exemptions available under Indian law. We are experts in DTAA consultancy in India.
• Withholding Tax Compliance: Ensuring that the correct withholding tax rates are applied in accordance with DTAA provisions when dealing with foreign income and transactions.

Compliance with FEMA regulations is essential for non-residents, expatriates, and foreign businesses involved in cross-border transactions. Our services include:

• Foreign Exchange and Investment Consulting: Advising on the regulations governing foreign investments, repatriation of funds, and exchange control rules.
• FEMA Compliance: Ensuring that all cross-border transactions, including capital inflows and outflows, adhere to FEMA regulations.
• Assistance with FEMA Filings: Preparation and submission of mandatory filings related to foreign exchange transactions.

We provide cross-border tax planning solutions to help clients optimize their tax positions both in India and abroad. This includes:

• Tax Structuring for International Operations: Helping businesses and individuals structure their global income and operations in a way that minimizes tax liabilities.
• Advisory on Repatriation of Income: Assisting with the repatriation of foreign income, ensuring compliance with both Indian and foreign tax laws.
• International Estate Planning: Advisory services for individuals with assets in multiple jurisdictions, ensuring that inheritance and estate taxes are managed effectively.