Estimate & File Returns
This tax calculator is designed for estimation purposes only and should not be relied upon for actual tax calculations, financial planning, or tax filing. The results provided are based on general tax rules and may not reflect your specific tax situation, including applicable deductions, exemptions, or treaty benefits. Double taxation relief calculations are indicative and may vary based on interpretations and changes in tax laws.
Users should consult a qualified accountant or tax professional for accurate tax calculations and compliance with US and Indian tax regulations. The developers of this calculator assume no responsibility for any decisions made based on its outputs.
Regular Income Tax:
Capital Gains Tax:
Total Indian Tax:
Regular Income Tax:
Capital Gains Tax:
DTAA Credit Applied:
Final US Tax:
In USD:
In INR:
As a US-based NRI, your Indian income is subject to US taxation. However, under the Double Taxation Avoidance Agreement (DTAA) between India and the US, you can claim relief to avoid paying tax twice on the same income. US taxes are based on citizenship rather than residency, meaning that US citizens and green card holders must report their worldwide income, even if they are living abroad as NRIs (Non-Resident Indians) or expats.
Indian tax returns should be filed first since the ITR filing deadline is much earlier than in the US (India’s deadline is July 31st, while the US is typically April 15th for most taxpayers but for expats(including NRIs) there will be automatic extension for 2 months till June 15th.
Traditionally, many NRIs rely on chartered accountants (CAs) in India to file their taxes manually. However, online tax platforms are now offering a more efficient alternative. These platforms can:
TaxBuddy is one such platform that simplifies the process by handling tax computation, deductions, and DTAA considerations.
Once your Indian taxes are filed, you can submit the Indian Tax Return (ITR) to a US-based accountant who specializes in foreign income taxation. They will:
TaxBuddyUS , using referral code TBNRI123 for a discount, is a US branch of TaxBuddy. specializing in tax advisory services with a focus on integrating Indian and US taxation. They assist with tax relief, compliance, and expert guidance to ensure efficient tax management for individuals with cross-border income.
By leveraging online tax platforms for Indian filings and professional accountants for US filings, you can save time, minimize errors, and maximize DTAA tax relief effectively.