Are NRIs eligible for Section 87A rebate?

No, the ₹25,000 rebate under Section 87A is only available to resident individuals. NRIs must pay tax if their income exceeds the basic exemption limit.

Is NRE account interest taxable in India?

No, interest earned on NRE (Non-Resident External) and FCNR accounts is fully exempt from tax in India under Section 10(4) of the Income Tax Act.

What is the standard deduction for NRIs?

NRIs receiving salary or pension in India are eligible for a standard deduction of ₹75,000 under the New Tax Regime and ₹50,000 under the Old Regime for FY 2026-27.

NRI Income Tax Calculator 2026FY 2026-27

Calculate Indian tax liability for NRIs based on Indian-sourced income (Rent, NRO Interest, Dividends). Budget 2026 Ready.

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Quick Summary: NRI Income Tax Calculator 2026

For FY 2026-27, NRIs are default-taxed under the New Tax Regime for Indian-sourced income. Key taxable items include NRO interest (31.2% TDS), rent, and dividends. NRE/FCNR interest remains 100% tax-exempt.

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Regulatory Disclaimer · FY 2026-27

Last verified May 2026

Statutory Disclosure

Nature:Calculator platform and is NOT a SEBI-registered Investment Adviser. All calculations are indicative.

Risk:"Investments in securities market are subject to market risks. Read all related documents carefully before investing."

Consult a SEBI-registered IA or CA for personalised advice.

9 out of 10 traders in F&O incurred net losses (SEBI 2023). Tax estimates based on IT Act 2025. Trezoriq is not liable for financial decisions based on results.