Survey Uncovers 14% of US NRIs Facing Double Taxation Issues

Monday, 25 March 2024, 06:31

A recent survey indicates that 14% of US Non-Resident Indians (NRIs) encounter challenges with double taxation, wherein income is taxed in both India and their country of residence. This finding unveils the significant hurdle faced by NRIs and highlights the need for tax reforms and better cross-border financial policies.
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Survey Uncovers 14% of US NRIs Facing Double Taxation Issues

US NRIs and Double Taxation

A recent survey has shed light on the challenges faced by US Non-Resident Indians (NRIs) regarding double taxation.

Obstacles Faced

  • 14% of US NRIs struggle with double taxation.
  • Double taxation occurs when income is taxed in India and their country of residence.

The issue of double taxation poses a significant challenge for NRIs and requires immediate attention from policymakers and tax authorities.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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