Valura

GIFT City · IFSC

FY 2025-26

In plain words: Find out whether you count as NRI, RNOR or resident this year — it changes which income India can tax.

Calculator · NRI StatusSection 6, Income Tax Act · FY 2025-26

NRI Status & Tax Residency Checker

Determine whether you are NRI, RNOR, or ROR — and understand exactly what it means for your Indian and foreign income taxes.

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Step 1 — Days in India

days
FY 2025-26 is 345 days old (Apr 1, 2025 → Mar 11, 2026). You've entered 120 days in India.

Used for the secondary residency test (60/182-day rule + 365 days in 4 preceding FYs).

FY 2024-25

days

FY 2023-24

days

FY 2022-23

days

FY 2021-22

days
4-year total: 1160 days — meets the ≥365 day threshold

Your India stay this FY so far

0 days120 days182-day threshold

62 more days before you become Resident this FY

66%

Your Tax Residency Status

NRI

Non-Resident Indian

FY 2025-26 · Section 6, IT Act

Your foreign income is not taxable in India — only income sourced from India is taxed.

LRS does not apply to you; there is no annual cap on investing abroad.

What this means for your taxes

Foreign income taxable in IndiaNo
Indian income taxableYes — TDS applies
LRS annual limitNot applicable
Schedule FA requiredNot required
TCS on overseas investments0% — LRS doesn't apply

Suggested ITR Form

ITR-2

Use ITR-2 if you have foreign income or assets. ITR-1 if you have only Indian income (verify Schedule FA carefully).

How your status was determined (Section 6 logic)

Basic condition 1: ≥182 days in current FY (120 days) — not met
Basic condition 2: ≥182 days current FY + ≥365 days in 4 preceding FYs (1160 days) [exception: employment/business abroad applies] — not met

NRI — Recommended next step

Open your Valura NRI account — 0% TCS, no investment cap

NRIs investing via Valura GIFT City face no LRS limits and zero TCS.

Open Account

Residency status per Income Tax Act Section 6. Indicative only — rules have nuances for specific situations including deemed residency and High Net Worth provisions. Confirm with a qualified CA before filing your ITR.