Determining your residential status requires accurate tracking of the number of days you spend outside India. For NRIs and especially seafarers, maintaining travel records manually can become complicated. Different journeys, departure dates and arrival dates can make manual calculations prone to errors. To simplify this process, SeafarersTax.Org has introduced the NRI Days Calculator FY 2026–27 Excel Tool. The tool allows you to enter your travel periods and automatically cal

A recurring question among Indian mariners operating globally is whether their Indian-sourced income qualifies for the headline-grabbing ₹12 Lakh tax holiday under the New Tax Regime. While public discourse often summarizes the regime as "zero tax up to ₹12 Lakhs," the statutory reality contains critical distinctions between residents and non-residents. The foundation of this common misunderstanding lies in conflating a basic exemption limit with a statutory rebate. Under the

For seafarers, managing income tax compliance requires looking beyond the salary credited or the income reported in the Income Tax Return. A seafarer may have substantial savings accumulated during previous years, transfers from family members, loans, investments and other legitimate sources of funds. This becomes particularly important when the value of financial transactions during a year appears significantly higher than the income disclosed in the ITR. One such area that