An NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...

The Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of India, and other individuals residin...

NRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...

I am a German citizen, and have an OCI card. How will inheritance of assets located in India be taxed for me? Is the inheritance itself tax...

If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 6...

SBI NRI Account: State Bank of India (SBI) has launched the TAB-based end-to-end digital onboarding process for Non-Resident Indians (NRIs)...

Here is an overview of the different bank accounts NRIs can open and their specific use cases.

NRI savings account: There are two types of NRI Savings Accounts: Non-Resident External (NRE) Savings Account, Non-Resident Ordinary (NRO) ...

As interest rates differ with banks and tenure, here is a quick comparison of top banks NRE FD interest rates.

The RBI has previously restricted the transfer of money from an NRO account to an NRE account. There are a number of situations in which yo...

The Punjab National Bank (PNB) has lowered its non-resident external (NRE) deposit rates by up to 25 basis points (bps) across all tenures ...

You can deposit foreign currency earnings into your NRE account and withdraw rupees to pay expenses in India.

An NRE account is a bank account opened in India by an NRI for the purpose of depositing foreign income. For NRIs who desire to convert the...

As of now, brokerages offer trading and demat account opening facilities to NRIs only as a single category and not linked to an NRE and NRO...

A non-resident Indian can open three types of accounts in India as authorised by the Reserve Bank of India (RBI). The money in the accounts...

When a resident Indian changes status to that of a non resident Indian (NRI), these are the banking and investment procedures to be followe...

If you've the opportunity to work and live outside India for a few years, here are 5 things you must do before you get on that flight.