NRI & Foreign Income — Guides & Insights from RDA

NRI tax is rarely about exotic structures. It is about three boring things: which side of the residential-status line you fall on, what you are required to disclose in Schedule FA, and whether you can lawfully credit foreign tax against your Indian liability via Form 67. The Black Money Act has made the disclosure piece expensive to get wrong — ₹10 lakh per year of non-disclosure, regardless of the income — and the form-67 window is narrow enough that one missed deadline can cost the entire credit. The pieces below cover the day-count test, the deemed-resident trap, the FA fields most people skip, and the DTAA relief mechanics for the US, UK, UAE, Singapore and Canada corridors we see most often.