Income Tax Exemptions, Deductions, Reliefs - NRIs, PIOs, OCIs, Expatriates - S Lohia & Associates
Non-resident Indians (NRIs), Persons of Indian Origin Residing Abroad (PIOs) earn various types of income in India. In relation to this income, NRIs, and PIOs file ITR in India. Under the Income Tax Act, there are various deductions and exemptions available. NRIs, PIOs, OCIs, and Expatriates can claim these deductions and exemptions. In this way, they can lower their tax liability in India. Hereunder are details of major deductions and exemptions. Basic Income Tax Slab There is a basic exemption slab available.
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S Lohia & Associates Chartered Accountants
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