S2NRI stretches its helping hand to provide Non-residents of India (NRIs) relief in tax payment. On being authorized by you, we put every possible effort for saving your tax via Tax Exemption Certificate.

1. Any non-resident of India is considered as liable for paying tax over
capital gains. But Tax Exemption Certificate provides them rebate
partially or fully on tax payment.

2. A non-resident is termed as the one not in India for:
 182 or more days during
relevant previous year
 60 days or more during
previous year
 365 days or more during 4
years prior to previous year
 Returned NRI permanently to
India (RNOR)

3.  NRI for 9 consecutive
years
 Resident during previous
7 years prior to the
previous year

4.  Yes, it is.
 Assessing Officer provides Tax Exemption Certificate
for lower or nil Rate of TDS.
How much time is valid for Tax Exemption Certificate (TEC)?
 1 to 3 years
What is the tax exemption limit for NRIs’ interest income?
Less than Rs. 1,50,000 (Can apply for TEC)

5.  When their interest income
exceeds Rs. 2,00,000.
 Chargeable tax: 33.99%
 *Can apply for TEC

6.  If he/she undergoes loss on
selling partial shares & later
gains on the sale of remaining
shares, his/ her will be liable
for paying tax. It will be
calculated on capital gain at
prescribed maximum rate.
 *Can apply for TEC

7. Re-investment may be
exempted partially or fully but
the tax is deducted from
capital gains.

8.  Yes, it will be charged at
33.99% or 22.66% on capital
gains.
 *Can apply for TEC

9. SERVICES 2 NRI
Corporate Office : Office # 511, The Summit Business Bay,
Andheri Kurla Road, Opp. Western Express
Highway Metro Station, Andheri East,
Mumbai – 400069, INDIA.
Email ID : support@services2nri.com
Website Url : https://www.services2nri.com