Score your return-to-India compliance checklist across tax residency, FEMA, foreign assets, resident KYC, and paperwork gaps.
0/11 answered
Tax Residency & Filing
Where most expensive mistakes begin after moving back to India.
Are you filing Indian income-tax returns where required?
Which of these best describes your tax status after moving back to India?High Risk
When foreign taxes apply, are you using DTAA relief correctly and filing Form 67 where needed?Blind spot
This matters where you want foreign tax credit in India.
FEMA & Banking
Resident banking conversion and overseas asset reporting under FEMA.
Are you still operating an NRE/NRO/FCNR account after moving back to India?High Risk
Foreign Assets & Income
Schedule FA, global income, and disclosures people usually miss.
If you hold RSUs or ESOPs, are you tracking grant, vest, and sale values separately for tax reporting?Blind spot
Investments & Retirement
Resident KYC, RSUs, retirement accounts, and tax-leakage clean-up.
Have you updated DEMAT, broker, and mutual-fund KYC records to resident status after moving back?
If you hold foreign retirement accounts like a 401(k) or IRA and are in your first ROR year, have you reviewed whether Form 10EE is needed for foreign retirement account relief?High Risk
Legal & Identity
Identity, OCI, PAN, and Aadhaar updates that keep your paperwork usable.
If you hold an OCI, have you updated it after passport renewal and after the age-based reissue thresholds?Blind spot
OCI usually needs reissue after age 20 when a new passport is issued. Below age 20, OCI details generally need updating on each new passport, and once again after age 50.
Have you updated PAN records to reflect your resident status and current mailing address after moving back?
Status mismatch can affect tax treatment, notices, and investment KYC.
Does your Aadhaar show your current Indian address and stay consistent with PAN/bank KYC records and linked to PAN card?
If you are an OCI holder and stayed in India long enough, have you applied for or refreshed Aadhaar once eligible?Blind spot
Use this only if you are an OCI holder who has crossed the 180-day stay threshold for Aadhaar eligibility.
You can score with partial answers — unanswered items just aren't counted.
Start by confirming your residential status for each year you missed, whether Schedule FA applied that year, and whether revised-return windows are still open. Check if any notice or Black Money Act exposure exists. Do not sell or file revisions blindly—document the facts and get specialist review before you act.
If you are a US person and foreign account balances cross FBAR thresholds, small fixed deposits still count toward the aggregate maximum. Indian NRE/NRO/FCNR balances can trigger US reporting—get US-side tax review if you are unsure.
If you are a US person for tax purposes, Indian NRE, NRO, and FCNR accounts can count as foreign financial accounts for US reporting. FBAR and FATCA/Form 8938 use different thresholds. Reporting depends on account count, maximum balances, ownership, signature authority, and your status—get US-side tax help if you are unsure.
US taxpayers may have US reporting duties on large foreign gifts or inheritances even when they are not income-taxable. On the India side, document source, relationship, amount, and tax character. Get cross-border advice before you file.
