site logo

ndsadvisors.com

Recent Immigrant · ICAI Registered Firm

Recent Immigrant Services settling into India, the tax-efficient way.

Tax, FEMA, and compliance services for individuals recently arrived in India — foreign citizens, OCI cardholders, and Indian-origin returnees — with planning, registration, and filings handled under one roof.

Arriving in India to live and work brings a fresh set of compliance obligations. A new PAN may be needed, banking has to be reorganized, employment income gets subjected to Indian tax, and global assets may need to be disclosed once Resident status kicks in.

Many recent immigrants underestimate the speed at which Indian tax residency takes effect. Spending 182 days or more in a financial year is enough to trigger Resident status — and along with it, the requirement to potentially report global income and Schedule FA assets.

Our recent immigrant services are designed for a soft landing. We cover everything from PAN, bank accounts, and employment tax to RNOR planning, foreign asset disclosure, and DTAA optimisation — so you spend more time settling in and less time chasing paperwork.

Our Recent Immigrant Services Services

01

Tax Registration

PAN application, address registration, and tax portal setup.

02

Residential Status Forecast

Projection of Resident / RNOR / NR status for current and following years.

03

Employment Income Tax

Salary structuring, TDS check, and Form 16 reconciliation.

04

Bank & FEMA Setup

Resident / NRO / RFC accounts based on individual profile.

05

Foreign Asset Disclosure

Schedule FA and other disclosures once Resident status is acquired.

06

DTAA Optimisation

Treaty benefits on legacy salary, pension, and investment income.

07

Equity Compensation

ESOPs, RSUs, and stock options with cross-border tax implications.

08

Ongoing Compliance

Year-round support — ITR, notices, and assessment handling.

Our Approach

1

Profile Review

Background, citizenship, prior tax country, and India role reviewed.

2

Residential Forecast

Status mapped for current and next 2 to 3 years.

3

Registration & Setup

PAN, bank, and portal registration completed.

4

Compliance Calendar

Year-wise calendar of filings, disclosures, and reviews.

5

Annual Filing

ITR, Schedule FA, and DTAA forms filed each year.

Why It Matters

Single firm for tax, FEMA, and compliance
PAN and registration setup
Residential status forecast
Salary and TDS reconciliation
DTAA on overseas income
Foreign asset disclosure managed
ESOP / RSU handled accurately
Year-round filing and notice support

Frequently Asked Questions

On staying 182 days or more in India during the financial year.

Only once you become Resident; RNOR status may exempt it temporarily.

Yes, under Schedule FA once you become Resident.

Yes, subject to Tax Residency Certificate and treaty conditions.

Yes, PAN is required for salary, banking, and tax filing.

Recently Arrived in India?

Get a complete settling-in tax plan — PAN, residential status, bank setup, and global asset disclosure — handled by Chartered Accountants in Mumbai.

Talk to a Recent Immigrant CA or call +91 9819 000 511