CA Aditya Sesh, Founder and Managing Director of Basiz Fund Services, highlights the significance of these changes. “The AY 2026–27 ITR changes for NRIs won't dominate the news cycle, but they deserve serious attention from anyone with Indian income or assets. The headline addition is Section 44BBD: a new presumptive taxation scheme covering non-residents who supply services or technology to India's electronics manufacturing sector, with 25% of specified receipts treated as taxable income,” he says.
Section 44BBD
Sesh points out: “The forms now require turnover and income under this scheme to be disclosed separately rather than reported as a consolidated figure. There is also a practical cashflow consideration—Indian payers will typically deduct TDS on the full gross receipt, often at 10–20%, while the NRI’s actual tax liability arises on only 25% of those receipts. That mismatch gets reconciled at the time of filing, but it requires careful documentation and planning.
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