Harshal Bhuta, a partner at P.R. Bhuta & Co., dives into the nuances of tax benefits for NRIs investing in mutual funds. He tackles capital gains tax exemptions and the role of Double Tax Avoidance Agreements in reducing tax liabilities. The conversation covers essential tax-saving strategies, eligibility for tax residency certificates, and the importance of documentation. Harshal also addresses practical challenges in claiming tax benefits, from obtaining necessary forms to navigating the complexities of tax planning for NRIs.
