Taxes from Rental Income in India

[Rabindra Mukherjee]

Hello,

I would like to know the following. Can someone help?

1. What should be the minimum annual income from Rent of Property to come in tax bracket?

2. What are the standard deductions before computing income tax on rental? Assuming I don't have a loan to pay on the property.

3. Are the tax on rental income same for NRE and residents?

AI Summary

Clarifying Rental Income Taxation in India: Minimum Income, Deductions, and NRI vs. Resident Tax Rates Explained A user inquired about rental income taxation in India, asking about the minimum annual income required to fall under the tax bracket, standard deductions applicable before computing tax on rental income, and whether tax rates differ for Non-Resident Indians (NRE) and residents. Another participant responded, asking if the initial queries were clarified and requested further information if needed.