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NRO TO NRE ACCOUNT TRANSFER
How much money can NRIs transfer from NRO to NRE account in a year?Non-Resident Indians can effectively manage their Indian earnings via NRO accounts. They are allowed to transfer funds to NRE accounts, but...
These 6 banking stocks have an upside potential of up to 26% in 1 year, according to analystsThe way things are panning out in the Gulf region, in Wall Street, and in the Bay Area in northern California, the chances of greater volat...
Dating app chat turns costly: Delhi man loses Rs 82.5 lakh after conversation with a womanA 41-year-old west Delhi man allegedly lost ₹82.5 lakh after a woman he met on a dating app introduced him to a fake online business promis...
Proposed UPI MDR structure doesn't make sense for broking, could raise costs: Nithin KamathThe proposed Merchant Discount Rate (MDR) on UPI transactions could create significant costs for stockbrokers even when customers do not ex...
Rs 1.09 crore remittance sent home by an Indian working in Kuwait, but he didn't file ITR, received income tax notice; gets relief in ITAT AhmedabadIndian man working in Kuwait oilfields, got his salary in National Bank of Kuwait, remitted Rs 1.09 crore back to family in India, files no...
NRO account for NRIs: Which funds can be deposited, tax on interest and repatriation rulesFor NRIs, establishing or converting an existing bank account is vital upon confirming non-residence status. An NRO account facilitates the...
PhonePe's Sameer Nigam unveils vision for next decade of financial inclusion at GFF 2026PhonePe has shared its ambitious ten-year strategy aimed at transforming India's digital landscape and promoting financial inclusion. By el...
Savings account interest rates of up to 7%: Canara Bank, Bank of India, IDFC First Bank revise rates; check detailsCanara Bank, Bank of India, and IDFC FIRST Bank have announced updates to their savings account interest rates, which will take effect on S...
These 6 banking stocks have an upside potential of up to 25% in 1 year, according to analystsAt a time when a statement or missile can cause unexplained volatility, expecting rational behaviour in the equity markets is probably expe...
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...
Can NRIs gift money to an HUF and save tax? Check these income clubbing and tax rules before transferring fundsNRIs have the opportunity to gift money to their Hindu Undivided Family (HUF) without incurring immediate tax obligations. However, it's im...
Can an NRI be a nominee for PPF, NSC or SCSS? Here’s what happens to the money after the account holder diesNRIs can now be nominees for India's small-savings schemes like PPF and NSC, a change from 2023. While they can receive proceeds, repatriat...
NRI selling inherited property in India? Agricultural land, farmhouse, and plantation property have stricter sale and repatriation rulesNon-Resident Indians (NRIs) hold the right to inherit property in India; however, selling such assets involves navigating a complex set of ...
How NRIs split foreign and Indian income across NRE and NRO accountsNon-Resident Indians utilize NRE accounts to facilitate smooth transfer of their overseas income. For income earned within India, they comm...
ETMarkets NRI Talk| ₹10 crore NRI portfolio: How Raghvendra Nath would allocate it across equities, debt and alternativesRaghvendra Nath, MD, Ladder Up Wealth Management, believes equities should form the core of an NRI’s India portfolio, while fixed income an...
Should you close your PPF account after becoming an NRI? Here’s what to know about maturity, withdrawal, and tax rulesMoving abroad as an NRI? Your PPF account might not need immediate closure. Discover how your contribution, withdrawal, and maturity option...
Can all NRIs, PIOs and OCIs open FCNR (B), NRE and NRO accounts?Individuals classified as Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) are restricted from opening standard resident sav...
Can NRIs open joint FCNR (B) accounts with resident Indian relatives? Know what the latest rules sayNon-Resident Indians are allowed to set up joint FCNR (B) accounts with their resident family members. These accounts must function on a 'F...
ETMarkets NRI Talk | GIFT City AIFs could be the next big NRI investment destination: LGT Wealth’s Nikhil AdvaniIn an interaction with Kshitij Anand of ETMarkets, Advani also discusses why NRIs remain under-allocated to Indian equities, how they shoul...
NRI selling property in India: Should sale proceeds go to an NRE or NRO account? Know repatriation limits and RBI rulesAre you an NRI looking to sell your property in India after relocating abroad? It's essential to understand the process of repatriating you...