NRI ITR filing for AY 24-25| How to file income tax return NRI | ITR2 for NRI

Are you an NRI (Non-Resident Indian) looking to file your taxes in India? 🌏 It's crucial to stay tax compliant and make the most of available deductions and exemptions. In this step-by-step guide, I will walk you through the entire process of NRI tax filing in India, ensuring a hassle-free experience.
📋 Here's what you'll learn in this comprehensive video:
1️⃣ Understanding Your Residential Status: I will explain the different residential statuses for NRIs, RORs, and RNORs, helping you determine where you stand.
2️⃣ Types of Income: Learn about the types of income that are taxable in India and those that aren't, including foreign income.
3️⃣ Tax Deductions and Exemptions: Discover the deductions and exemptions available to NRIs, such as the 80C, 80D, and more, to minimize your tax liability.
4️⃣ Filing Your Tax Return Online: A detailed walkthrough of the step-by-step process of e-filing tax return via the official IT department website.
5️⃣ Documents You'll Need: I will provide a checklist of essential documents you'll need to file your NRI tax return.
6️⃣ Form Selection: Understanding the different tax forms (ITR-1, ITR-2, etc.) and choosing the right one for your income sources.
7️⃣ Calculating Tax Liability: I will guide you through calculating your taxable income and the corresponding tax payable.
8️⃣ Claiming Tax Refunds: If you're eligible for a tax refund, I will show you how to claim it seamlessly.
9️⃣ Avoiding Double Taxation: Tips on availing tax benefits through Double Taxation Avoidance Agreements (DTAA) and claiming Foreign Tax Credits (FTC).
🔒 Stay tax-compliant and make the most of your finances as an NRI. Don't miss out on deductions and exemptions you're entitled to!
👍 If you found this guide helpful, please like, share, and subscribe for more informative content on NRI tax matters. Have questions or need assistance? Drop them in the comments section below, and we'll be happy to help.
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"Disclaimers: This channel is for educational purposes only, and the opinions expressed in this video are based on personal research and should be treated as such. These are not instructions, suggestions, nor directions on how to handle your money. The facts and figures presented in this video are up-to-date based on the recording. They may have changed based on when you watch the video. Please always do your own due diligence!"
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[@Chandru_Chennai]

V Good video, really helps. Much appreciated.

[@bhavintrivedi]

Excellent video. Greatly appreciate. Can't thank enough. life saver.

[@DHIREN546]

Thanks and excellent help. appreciated.

[@canadatriedandtestedoriginal]

Thank you 🙏

[@ImVignesh14]

Thanks it helped me to do self filing and save 3499

[@canadatriedandtestedoriginal]

I am glad it helped, more than saving it is learning to do by self when things are straight forward

[@jithinMumbai]

Hi sir, at 7:43 for Tax Identification number, what should I enter for Canada resident ? is it the SIN number ? or should I enter my Indian passport number ?

[@Chandru_Chennai]

In general, your current residence country Tax identification number should be mentioned.

[@satishkvv3014]

I have nre and resident savings account.Can i give resident savings account for refund of tcs while filing ITR 2?

[@abhijoyful]

Hi there, a question please. Do we need not declare total salary abroad and choose corresponding dtaa exemption?

[@canadatriedandtestedoriginal]

If you meet NRI status as non resident Government don’t bother

[@augustinhatton2916]

What do i do if my personal details,contact are empty even after updating Aadhar details

[@sandymanuel9029]

Do you have indian phone number? Rental income no tds deduct what to do?

[@mahelipaul4930]

i came canada 2023 dec...can i fill itr-1 for 2023-24?

[@cavarunagarwal3875]

Yea you can