Rental Income Taxation for Singapore NRIs
Complete 2025 guide for Singapore-based NRIs investing in Indian real estate.Tax rules for rental income from Indian properties
Singapore NRI Quick Facts
Singapore NRIs can purchase property in India. Banking linkage straightforward with SGD-INR corridors.
Rental Income Taxation for Singapore NRIs
Rental income from Indian property is taxable in India at a flat 30% rate for NRIs. A standard deduction of 30% is automatically allowed for repairs and maintenance.
TDS on Rental Payments
Tenants must deduct TDS at 30% when paying rent to NRI landlords. The NRI can file returns to claim refund if actual tax liability is lower.
Reporting in Singapore
You must report global income including Indian rental income in Singapore. The DTAA allows you to claim tax credit for Indian taxes paid.
Repatriation of Rental Income
Net rental income (after taxes) can be freely repatriated to Singapore. Banks require Form 15CA/15CB certification for remittance above ₹5 lakhs.
Required Documents
- Rental agreement
- PAN card
- TDS certificates (Form 16A)
- Bank statements
- Form 15CA/15CB for repatriation
Important Notice
Laws and regulations may change. Always consult with a qualified legal professional before making investment decisions. EstateKart provides general guidance only.
Frequently Asked Questions
How much tax do I pay on rental income?
Flat 30% after 30% standard deduction. So effective tax is about 21% of gross rent.
Can I transfer rental income to Singapore?
Yes, after paying applicable taxes, you can freely repatriate rental income.
Who deducts TDS from my rent?
Your tenant is responsible for deducting 30% TDS and depositing with the government.
Need Personalized Legal Advice?
Connect with our network of verified NRI legal experts who specialize in Singapore to India property transactions.