Listen to this article What’s common between Google, Apple, Pepsi, Citi, Adobe, IBM, Vimeo, Starbucks, FedEx, Palo Alto, and YouTube? Yes, you are right, they were headed by persons of Indian origin. Many of these global leaders fall into categories such as NRI, OCI, or even former PIO cardholders, showing how deeply the Indian diaspora […]
NRI
Are You Aware of the Taxation Rule for NRIs?
Listen to this article Introduction Gauging and planning funds in one country is a trouble; having to do in two different nations can be flummoxing. This happens with NRIs! When it comes to registering taxes, NRIs find themselves incapacitated as the Income Tax (IT) rules are different for different countries; one that is valid in […]
NRI Demat Account : What every NRI needs to know about PIS (Portfolio Investment Scheme)?
The Indian equity market is viewed as a window to prosperity by resident Indians and NRIs. Despite facing a strenuous economic disaster, the Indian stock market is enjoying the sheer position. The market has been on a roll for the past 10 years, with an estimated growth of 19% per annum witnessed on the Sensex. […]
All you wanted to know about the Guidelines for Purchase and sale of property by NRIs and repatriation of sale proceeds
Listen to this article It is not that complicated for Non-Resident Indians (NRI) to buy or sell immovable property in India and remittance of sale proceeds, but there are certain rules and regulations to be followed during such transactions. The Reserve Bank of India governs them and they fall under the purview of the Foreign […]
Now You Can Transfer Funds from NRO to NRE account…!!!
Since the significant announcement by the Reserve Bank of India on May 7, 2012 NRIs can transfer their money from the Non-Resident Ordinary Account (NRO) to Non-Resident External Account (NRE). The Reserve Bank of India (RBI) permitted NRO to NRE fund transfer subject to payment of applicable taxes within the overall ceiling of USD 1 […]
Returning to India? An NRI’s Perfect Guide for Income Tax Planning
Listen to this article A Warning: What would be the impact on you and your family members if personal finance things don’t work out as per your expectation when you return to India…? Bad news: 90% of NRI investors are not with the right financial planner. Good news: You can choose the right financial planner now. As […]
