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NPS RULES FOR NRIS
Moving abroad? Know what happens to your NPS account after you become an NRINon-Resident Indians are permitted to maintain their National Pension System contributions from abroad. To remain involved, they must utili...
Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exemptRetirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It...
NPS choices for NRIs explained: Can NRIs invest in Tier II NPS accounts? Check rules and investment optionsFor Non-Resident Indians, establishing a retirement corpus back home is simplified with the National Pension System. NRIs can open a Tier-I...
Can NRIs open Sukanya Samriddhi Yojana account offering 8.2% interest rate?Sukanya Samriddhi Yojana provides a favorable tax regime for parents budgeting for their daughters. Only resident Indian girls aged below t...
NPS for NRIs: Who can invest, tax benefits, eligibility, withdrawal rules explainedNon-Resident Indians have the opportunity to secure their retirement through investment in the National Pension System (NPS). This program ...
Old Pension Scheme option extended to these government employees: Will others also get it?The Council of Scientific & Industrial Research endorsed the Centre's decision on pension options. This move allows compassionate appointee...
New RBI rules for NRIs and OCIs: Key changes in investments, NPS and money transfers
RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accountsThe Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...
KYC rules for NPS onboarding changed for NRIs, OCIs: Physical presence in India not required for KYC, pension body saysThe Pension Fund Regulatory and Development Authority has eased National Pension System onboarding for Non-Resident Indians and Overseas Ci...
Facing mismatch in Form 26AS, AIS, and Form 16 while filing ITR? Here’s what you can doChartered accountants highlight persistent mismatches in the income tax portal's Form 26AS and AIS, causing reconciliation issues and filin...
Income tax made easy: NRIs' complete guide to income tax filingSrishti, an NRI, discovered INR 20,000 TDS on her NRO account. Does she need to pay tax in India? Is filing income tax return mandatory? Ex...
Govt to set up panel headed by finance secretary to improve NPSWhile moving the Finance Bill 2023 in the Lok Sabha for consideration and passage, the minister also said the RBI will look into the issues...
These central govt employees can switch from NPS to old pension scheme: Know eligibility, last dateThe Department of Pension and Pensioners’ Welfare (DoPPW) has allowed select central government employees to switch to old pension scheme (...
NPS for NRIs: How to open an account, how to invest, documents required and moreNon-Resident Indians (NRIs) can open National Pension System (NPS) accounts who comply with current KYC requirements. NRIs can choose a pen...
NPS vs PPF investment: Where should you invest to save for your retirement?If your retirement goal requires much higher contribution, then you can use PPF for the fixed income part of the portfolio and NPS for mark...
NRI Budget wish list: Four things Indians abroad are hoping for this yearIndians working or living abroad are hoping for some long-pending changes in the Finance Bill this time.
Term insurance premiums in India are among lowest in the world: Tarun Chugh, Bajaj Allianz Life InsuranceIn Singapore and Germany, premium rates for a comparable cover are at least 20% higher than what one pays in India. This is why we see many...
Invest like a pro: Our expert breaks down the best long-term options for NRIsLong-term investing has several advantages, and even small amounts invested regularly can potentially grow into a decent corpus over time. ...
TDS to be deducted on annuity payable to Overseas Citizens of India, NRI NPS subscribersBased on a clarification received from IRDAI, it is hereby clarified that annuity payable by ASPs NRIs and OCIs will be taxed at source, at...
Now, Overseas Citizens of India can invest in NPSUp until now OCIs could not invest in the National Pension System or NPS. PFRDA, through a circular issued on October 29, has said that OCI...