Interactive Planning Approach
Managing finances across borders can get complicated FEMA regulations, RBI reporting, tax returns, and investment rules. That’s why we work closely with each client to simplify the entire process with personalized advisory, reliable documentation, and on-time reporting.
NRI Taxation & Compliance
We help NRIs and OCIs file tax returns, claim DTAA benefits, and manage India-based income without stress.
FEMA Advisory
Clear guidance on what you can invest in, how to structure remittances, and when approvals are needed.
Repatriation of Funds
End-to-end assistance for sending money abroad from asset sales, inheritance, or income.
Cross-Border Transaction Advisory
We advise on inbound/outbound deals, remittances, and export/imports, while ensuring FEMA compliance.
RBI Reporting & Approvals
We manage filings like FC-GPR, FLA returns, and obtain necessary permissions to keep your transactions legal.
FEMA Representations & Appeals
Received a FEMA or ED notice? We handle the representation, documentation, and defence.
NRO/NRE Investment Structuring
We help structure investments across NRO/NRE accounts for better control, compliance, and growth.
Achieving Your Global Compliance Goals
We know the difference between a compliant NRI and a confused one. That’s why our FEMA services go beyond documents; we educate, advise, and help you stay globally compliant without losing sleep.
How We Help You Reach Your Goals
Know Your Residency & Obligations
We determine your residential status, income exposure, and compliance needs.
Document & Strategize
We help structure transactions to avoid penalties and enable smooth financial flows.
File & Represent
We file all required returns, represent you before RBI/ED if needed, and respond to queries.
Stay Informed & Ready
FEMA isn’t static—we update you on rule changes and offer support as your financial picture evolves.
Comprehensive Solutions Tailored to Your Needs
See What Our Clients Are Saying
“We had no clue how to bring funds from an old property sale in India. Lekshmi N Iyer & Associates helped us every step of the way—from RBI documentation to tax filing. Truly professional.”
“Lekshmi N Iyer & Associates has been instrumental in our growth. Their team took the time to truly understand our needs and helped us eliminate inefficiencies.”
“Partnering with Lekshmi N Iyer & Associates was a game-changer for us. They took the time to understand our challenges and helped us streamline our operations for success.”
NRI & FEMA FAQs
Answers to common questions about NRI taxation, FEMA regulations, and cross-border compliance in India.
Do NRIs have to file income tax returns in India?
Yes, NRIs must file an income tax return in India if their total income from Indian sources exceeds ₹2.5 lakhs in a financial year. This includes income from rent, investments, capital gains, or any business operations in India. Even if tax has been deducted at source (TDS), filing a return may help in claiming refunds or declaring exemptions under DTAA (Double Taxation Avoidance Agreement).
What is FEMA, and why is it important for NRIs?
FEMA (Foreign Exchange Management Act) regulates all foreign exchange transactions in India. NRIs engaging in real estate, business investments, or fund repatriation must comply with FEMA provisions. This includes RBI reporting, obtaining necessary approvals, and structuring transactions through NRE/NRO accounts appropriately.
Can I repatriate funds from India to my country of residence?
Yes, repatriation is permitted under FEMA guidelines, subject to specific limits and documentation. We help you repatriate income like rent, dividends, sale proceeds of property, or inherited assets—while ensuring tax compliance, RBI approval (if required), and banking documentation are all in place.
What is the difference between NRE and NRO accounts for investments?
NRE (Non-Resident External) accounts are used to park foreign earnings in India, fully repatriable and tax-free in most cases. NRO (Non-Resident Ordinary) accounts handle income earned in India (like rent, dividends, pensions), and are subject to taxation. We advise clients on optimal account structuring based on their income sources and repatriation plans.