“Aa ab lautchalen”, (meaning let us now return) is the title of a Bollywood movie which reflects the thought of many NRIs’ yearning to return to India. The decision to return requires planning, especially the finances and Resident Foreign Currency (RFC) Account is an ideal vehicle for NRIs’ to park their funds in foreign currency […]
NRI investment
How to report Incomes from India while filing the tax return in USA?
It is often that people take the plea that the law is not known to them and any breach of law therefore is purely due to ignorance. However, the Latin term “ignorantialegisneminemexcusat” very aptly and succinctly states the truth-“ignorance of the law excuses no one”. Tax violations in countries like USA can be considered to […]
How NRIs can make use of Recurring Deposits?
For NRIs looking forward to make huge savings with small monthly investments, the Recurring Deposits seems to be an excellent option. A recurring deposit account is one that enables the depositor to save by paying an agreed fixed monthly sum for a required period. This type of an account goes well with people with fixed […]
What steps should NRIs take to sell their inherited property in India?
Selling an inherited property could appear to be quite a challenging and troublesome job in India, especially when one is not aware of the procedures. For people staying abroad for a long time can find this process even more horrifying. Although NRIs have been quite open to investing in Indian properties, selling the inherited ones […]
A Checklist for NRIs Investing in Indian Property
Listen to this article NRIs have always been keen on investing their money in India. Buying a property in one’s home country will always have its own advantages. Occasions like wedding, anniversary or a misfortune may want them to visit their homeland to keep the Indian connection alive. Another thing that dominates an NRI’s mind […]
