TRC for an NRI's Indian tax matters
My Indian bank wants a UAE TRC for treaty rates on my NRE interest. What do I do?
The situation
The UAE TRC proves UAE residence for a period. Using it for Indian tax treaty benefits is an India-side matter.
The law
- Cabinet Decision 85 of 2022: UAE residency tests
What it means for you
Apply for the TRC on EmaraTax with your visa, lease and day count. Then the India team can advise on Form 10F, treaty rates and Indian residence. Example: a salaried NRI with 300 days in Dubai applies for a TRC for the calendar year and hands it to the India team.
What to do
- Apply for the UAE TRC.
- Download the certificate.
- Share with TaxSavvy India for the India filings.
- Keep it for future years.
We can do this for youUAE tax residency certificate and personal tax position for expats: residency tests, TRC application and what the UAE does not tax: AED 3,250