Complicated Tax Compliance (TDS, GST, Property Tax) for NRIs
Nori Services Simplifies Tax Management in Andhra Pradesh
Why Tax Compliance Is a Challenge for NRIs
Nori Services, based in Amaravati, Andhra Pradesh, understands the complexities NRIs face with tax compliance, including TDS, GST, and property tax, when managing properties. Having supported by NRIs across 20+ cities, we’ve seen how these challenges lead to penalties and delays.
From filing TDS forms to navigating GST and property tax payments, NRIs struggle with complex portals and documentation requirements. Nori Services offers expert assistance to ensure compliance, saving you time and money in Andhra Pradesh.
Key Challenges NRIs Face
Complicated Tax Compliance (TDS, GST, Property Tax)
NRIs face complex tax compliance when managing properties in Andhra Pradesh. Selling a property over ₹50 lakh requires the buyer to deduct 1% TDS and file Form 26QB, needing an Indian bank account and PAN card. Property tax payments involve portals like TRACES or TIN-NSDL, which demand detailed documentation like Form 15CA/CB. GST may also apply to maintenance fees in gated communities.
Complex Portals and Forms
Portals like TRACES or TIN-NSDL are not user-friendly, often leading to errors like incorrect TAN entries, delaying compliance.
Need for CA Assistance
NRIs often hire CAs costing ₹5,000–₹15,000 per transaction to handle TDS, GST, and property tax compliance, increasing expenses.
OTP and Access Issues
Filing taxes requires OTPs sent to Indian numbers, which NRIs may not have, complicating payments and filings.
Penalties for Non-Compliance
Late TDS filing can lead to a ₹10,000 penalty, and delayed repatriation of sale proceeds adds financial strain.
Case Study: TDS Filing Issue in Nellore
Mr.Anil, an NRI in the UK, sold a property in Nellore for ₹60 lakh. The buyer deducted 1% TDS (₹60,000) but Mr.Anil struggled to file Form 26QB due to OTP issues and portal errors on TRACES. He hired a CA for ₹10,000, and a late filing penalty of ₹5,000 was imposed. Nori Services took over, filed correctly, and saved Mr.Anil from further penalties.
How Nori Services Solves This Challenge
Expert Tax Filing
We handle TDS, GST, and property tax filings for your properties, ensuring accuracy and compliance.
Cost-Effective Solutions
Our team reduces the need for expensive CAs, saving you ₹10,000–₹20,000 annually on compliance costs.
Seamless Process
We manage OTPs and documentation, simplifying tax payments and repatriation for you.