Avoid Paying Tax on Rental Income: Tax Saving Tips for Rental Income in India

Ans: Landlords can save on rental income tax by considering strategies such as maintenance charge management, claiming deductions, joint property ownership, and tenant agreements for additional services.

Ans: NRIs must pay taxes on rental income under Section 24 of the Income Tax Act, 1961. The tenant is responsible for deducting TDS on rent and remitting it to the NRI landlord's bank account.