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NRI TREATMENT IN INDIA
Leading Indian brokerages gear up to offer seamless access to global stocks via GIFT CityIndian investors can now easily buy foreign stocks like Apple and Nvidia through GIFT City, thanks to major discount brokers like Groww and...
NRI Talk| For a Rs 50 crore NRI portfolio, structure matters as much as stock selection: Tarun BiraniNRIs view India with cautious optimism, recognizing its long-term growth potential despite recent market flatness and rupee depreciation. D...
Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investmentNRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, N...
NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
FCNR deposit rates up to 6.5%: Bank of Baroda, Indian Overseas Bank and others launch schemes for NRIs, OCIsFollowing RBI's measures to boost foreign currency inflows, several banks like Canara Bank, Federal Bank, Bank of Baroda, and IOB have laun...
The biggest financial mistake NRIs make is assuming distance equals preparednessEarning abroad and sending money home consistently fosters a false sense of security for NRIs. This confidence becomes a blind spot, as fin...
Telangana government assures full support to families of Jagtial men killed in Dubai accidentTelangana Minister Ponnam Prabhakar expressed grief over the deaths of three Jagtial district residents in a fatal road accident in Dubai. ...
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
Why NRIs don’t return to India even after saving ₹5-6 Crore? A young Indian abroad explainsA viral video has sparked a debate on why affluent Non-Resident Indians (NRIs) opt to stay abroad. While financial security is achieved, fa...
FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...
NRIs flying home for faster access to healthcare, lower costs: Here’s what to check before you seek medical treatment in IndiaNRIs are choosing India for medical treatment due to lower healthcare costs, faster access to quality care, and NABH-accredited hospitals. ...
India’s low-cost healthcare fuels NRI medical tourism boom: ReportSurgeries and medicines at a fraction of the prices overseas, insurance cover at much lower premiums, and cultural familiarity are some fac...
NRIs drive surge in India’s medical tourism with significant growth in health insurance adoptionMedical tourism in India is increasing. More NRIs are choosing India for treatment. This is due to lower costs and cultural familiarity. He...
NRIs turning to India for high-quality affordable healthcare, customers up 150% YoY in FY25: ReportIndia is becoming a top healthcare destination for NRIs, driven by high-quality care and major cost savings. Policybazaar data shows a 150%...
- Federal Bank in association with Oriental Insurance launches insurance scheme for new NRI customers
Federal Bank has in association with Oriental Insurance Company launched an insurance scheme named 'Fed Oriental Pravasi Insurance.'