India's 2025 New Income Tax Bill - Impact on NRIs, Foreign Firms

The Income Tax Bill, 2025, needs a good study by Non-Resident Indians (NRIs) and foreign companies aided by tax advisors as it will impact tax liabilities, introduce exemptions, and outline stricter compliance requirements. Analysts say the Bill does refines certain regulations of the past, offering clearer ways to deal with taxation for NRIs and foreign companies operating in India. Tax rates for dividends and interest income remain largely unchanged, the new measures for recovery, withholding tax, and stricter departure rules imply that NRIs should be more attentive. Attached are highlights of rules and clarifications in the new Bill.

Regulations for NRIs, Foreign Companies in 2025 Income Tax Bill of India