01Do I file an Indian tax return if I live in Europe?
Often, yes. As an NRI you're taxed in India on income earned or received in India, such as rent, NRO interest, dividends and capital gains. You need to file if that income is above the basic exemption limit, if you sold property or shares, or if you want a refund of excess TDS.
02Do I report Indian income in my European country?
If you're resident there, usually yes. Most European countries tax their residents on worldwide income, including rent, interest and gains from India. Your local adviser reports it on your return and claims relief for Indian tax, and we provide the Indian figures by calendar year.
03Will I be taxed twice on the same income?
Not in full. India's tax treaties with European countries decide which country taxes first. Indian-source income such as property income is usually taxed in India, and your home country gives credit for that tax or exempts the income, depending on the treaty.
04Can I sell property in India and move the money to Europe?
Yes. The buyer deducts TDS, which a lower deduction certificate can reduce. Once tax is settled, you can generally remit up to USD 1 million per financial year from your NRO account, supported by Form 145 and the Form 146 CA certificate.
05What replaced Forms 15CA and 15CB?
From 1 April 2026, Form 145 (the remitter's declaration) and Form 146 (the Chartered Accountant's certificate) replaced Forms 15CA and 15CB for foreign remittances under the Income-tax Act, 2025.
06What replaced Form 10F?
Form 41 replaced Form 10F from 1 April 2026. You file it online in India together with the tax residency certificate from your European tax office to claim treaty rates on Indian income.
07Does my EU passport or OCI card decide my Indian tax status?
No. Indian tax residence depends mainly on how many days you spend in India in a tax year, with extra rules for Indian citizens and persons of Indian origin.
08Can a European company fully own an Indian subsidiary?
In most sectors, yes, under the automatic route for foreign investment. The company needs at least two directors with one resident in India, and must report the investment to the RBI and file an annual FLA return.
09Is NRE interest taxable in Europe?
NRE interest is tax-free in India for NRIs, but if you are resident in a European country it is usually taxable there as foreign income. As there is no Indian tax on it, there is no credit to claim. We give your adviser the interest figures for each account.
10Are my Indian accounts reported to my tax office?
Generally, yes. Under the Common Reporting Standard, Indian banks and fund houses report accounts held by residents of European countries, and India shares that information with your home tax office each year.
11Do staff on assignment pay social security twice?
Not if a social security agreement applies. India has agreements with many European countries, and an employee on a short assignment can stay in their home system with a certificate of coverage. Time limits and coverage differ by agreement.
12What is RNOR status?
Resident but Not Ordinarily Resident is a transition status for people returning to India. During it, most income earned outside India stays outside Indian tax. Whether you qualify, and for how long, depends on your past years of residence, so we work it out before you move.
13Will you replace my local tax adviser?
No. We're Chartered Accountants in India and we handle Indian tax, FEMA and company work. Your European return stays with your local adviser, and we work alongside them.