FAQs on Tax on Rental Income of NRI

1. What is the TDS rate applicable to property rented by an NRI? The TDS rate applicable to property rented by an NRI is 30%, plus an additional 4%, totalling 31.2%. This TDS is deducted by the tenant from each payment made to the NRI lessor. 2. Does the buyer need to obtain a Tax … Continue reading FAQs on Tax on Rental Income of NRI