Resident but Not Ordinarily Resident (RNOR) status provides great tax advantages to people who come back to India. We assist you to assess whether you are eligible, plan how you will live, and organize your income to pay the least amount of taxes in the transition period.
Our services involve residency analysis, foreign income assessment, tax planning and compliance advisory. We make sure that you are optimally benefiting with RNOR status and also comply well with the Indian tax laws.
OUR STRENGTH LIES IN PROVIDING REAL WORLD PRACTICAL SOLUTIONS
Our foremost priority is to provide Instant Support and are always very particular on adherence of timely delivery so that you don’t miss out on deadline. We have worked with some most time strict clients and we have never missed our target. Our one thumb rule says that “If we miss a deadline we are out”. Accounts and Finance function need always alert eagle eye approach!
Our prices are most reasonable and under budget that you never realize any cost burden in your organization in comparison of value addition we bring in. We believe in adoption of your business and fee shall take care of itself mantra. We never bill for disappointment and take ownership. It is how we like to be treated and that is how our customers are served.
We at AVS & Associates only recruit experienced, skilled professionals who have proven expertise in their field. With a diverse Team of Chartered Accountants, Company Secretaries, Lawyers, and various other consultants on board, we offer end to end financial and legal service under one roof saving time and energy and bring synergy effect between various functions.
Having over 20+ years experience in the leadership team ensure we maintain highest ethical standards and never go out of trust with you. We always believe in long term relationship with our clients hence integrity is something we value the most. We ensure transparency in communication, service and cost. Our specialized experts helps in maintaining high quality.
RNOR (Resident but Not Ordinarily Resident): This special tax status of returning NRIs provides some tax benefits.
People that have been away in a foreign country and come back to India after a certain time can be eligible.
In general, foreign income is not subject to tax in India, except the income derived out of a business that is controlled in India.
It can only be obtained on a temporary basis depending on the conditions of residence.