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Individuals who are planning to work abroad or who are of Indian origin settled abroad should know their exact status.
3 Changes In Income Tax Rules That Will Impact NRIs
There are a significant number of Indians who work or have businesses outside their country of origin. NRIs (non-resident Indians) are required to pay taxes on income earned or received in India, if it exceeds annual limits set by the Income ...
Changes In Income Tax Rules That Will Impact Nris
5 Best NRE FD Accounts for NRIs
As the global economy is witnessing a downfall for over a year, most of the banks in India have trimmed down the interest rates offered on the fixed deposits. There was a time when the fixed deposits offered the best returns ...
7 Financial Tasks To Do Before You Move Abroad
Indians migrating to other countries is a common occurrence. In fact, according to a World Economic Forum report, in 2015, 15.6 million people born in India were living in outside their country of origin. It further says that the number of ...
Financial Tasks To Sort Before Moving Abroad
Now Overseas Citizens Of India Can Also Invest In NPS
On Tuesday, the Pension Fund Regulatory and Development Authority (PFRDA) issued a circular informing the addition of another category of investors to the National Pension System (NPS). Overseas Citizen of India (OCI) category of individuals will now be permitted to invest ...
Tax Laws To Follow If You Pay House Rent To An NRI Landlord
Indians who have moved abroad temporarily or permanently do not always sell-off their property before they leave. Some make strategic investments in real estate for income purposes while some rent out their inherited house. There are also foreign citizens who own ...
Tax Laws To Follow If You Pay House Rent To An Nri Landlord
NRIs Can Now Get Aadhaar On Arrival
In Budget 2019, Finance Minister Nirmala Sitharaman made the proposal of issuing Aadhaar cards to NRIs (Non-Resident Indians) after they arrive in the country. In line with the proposal, a notification was issued by the government last week informing that NRIs will ...
NRIs To Be Taxed For Gifts Received From Resident Indians
Presently, gifts given as (any sum of money paid or property transferred) by a resident Indian to a non-resident is claimed as non-taxable in India as the income does not arise or accrue in India. But with the proposed amendment in ...
Nris To Be Taxed For Gifts Received From Resident Indians
Key Stock Market Related Announcements In Budget 2019
To further strengthen the Indian stock markets that touched all-time highs this year, Finance Minister Nirmala Sitharaman in her first budget speech on Friday announced a number of proposals for greater participation....
Dubai NRIs Contribute To FDI In Real Estate Majorly
India is likely to see a surge in FDI in the real estate after there has been allowed 100% FDI in construction development and also now is there in place REITs for commercial properties. And this is true especially of NRI ...
Dubai Nris Contribute To Fdi In Real Estate Majorly
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