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. […]
NRI
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 […]
