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OCI INVESTMENT RULES
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...
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...
Increase in limits for NRI and OCI investors to invest in stock market without SEBI registration, RBI GuvThe Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of India, and other individuals residin...
RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...
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...
Sebi permits up to 100% aggregate NRI corpus contribution for FPIs based out of GIFT IFSCSebi allows up to 100% NRI, OCI, and RI contribution in FPIs at IFSC to boost Indian investment. Declarations and PAN card submissions are ...
Sebi allows full NRI, OCI participation in IFSC-based FPIs to boost Indian investmentsSebi approves new rules to boost FPI investments from IFSCs by allowing aggregate contributions from NRIs, OCIs, and RIs up to 100%. The mo...
NRIs struggle with new mutual fund KYC rules: 3 reasons making MF investments difficult for them nowMutual fund KYC rules for NRI: The Securities and Exchange Board of India (Sebi) has implemented new Know-Your-Customer (KYC) rules from Ap...
Sebi eyes boosting NRI, OCI investments via FPI route in Indian marketsUnder the current rule, an FPI applicant cannot be a Non-resident Indian (NRI) or OCI. However, NRIs or OCIs or Resident Indian individuals...
Expert Take: All your questions about the recent OCI changes, answered.An important modification introduced by the March 2021 circular changes the reporting obligations of OCI cardholders in India. They now hav...
Global private banks ask FPI managers not to sell NRI clients’ investmentsFPIs have to bring down the aggregate contribution of NRIs and OCIs (along with resident Indians) in a fund to below 50% by December 31, 20...
Sebi seeks details of investments by NRIs, overseas Indians in FPIsTrying to gauge the quantum of NRI investments, number of funds dominated by NRIs, and whether redemptions may impact the market in any sig...
NRI-FPIs lobby to hang on to Dalal Street partyThese foreign portfolio investors (FPIs) are reaching out to local institutions and hiring legal firms and consultants to lobby with the go...
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...
We're not NRIs, Sebi told by PIO fund managersUnlike NRIs who hold Indian passports, PIOs and individuals who have obtained the OCI.