Listen to this article As an NRI, you have decided to move back/return to India and are wondering how you should go about it. Well, Non-resident Indians(NRI), wishing to moving back/return to India may get perplexed determining what exactly they should do so as to move back to India seamlessly. Here are a few things […]
NRI investment
How NRIs can avoid Double Taxation?
Listen to this article ‘Dil mange more’, the ‘heart yearns for more’ is a phrase which fills the heart with exuberance when the ‘double’ refers to benefits or gifts accruing to us. If the reverse happens, for example paying taxes twice on the same income, then the experience could be quite debilitating. What is double […]
Resident Foreign Currency Account: The Choice of NRI’s returning India
“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 […]
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 […]
